Nutreco, DSM no longer interested in Provimi
Animal feed giant Nutreco and chemicals company DSM are no longer preparing a joint bid for the Rotterdam-based feed maker Provimi, the Telegraaf reports on Tuesday.
The two companies had hoped that by working together they would come up with an acceptable takeover price.
However, on Monday Provimi announced it was in exclusive talks with US company Cargill and that Cargill has offered €1.5bn.
Thank you for donating to DutchNews.nl.
We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.
Make a donation