dsm-firmenich completes voluntary cash offer for DSM shares

Published: 13-Feb-2024

4,163,287 shares, representing approximately 2.4% of the company’s share availability, have been tendered to the company under the voluntary tender offer

DSM-Firmenich AG and DSM BV today announce that the voluntary tender offer for the remaining DSM ordinary shares as announced on January 8, 2024 has been completed.

As a result, the company now holds approximately 98.5% of available shares.

The individuals who sold their shares through the Voluntary Tender Offer, will receive the offer price of €96.00 per share on February 13, 2024, free from withholding or dividend tax. 

The total consideration payable by the Company under the Voluntary Tender Offer amounts to €399,675,552.

The company will seek to acquire the remaining 1.5% of shares through the statutory buy-out procedure at the Enterprise Chamber of the Amsterdam Court of Appeal, which started on July 17, 2023.

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