Establishes an industry leader in naturals; broadens complementary customer base and expands differentiated product portfolio
•$7.1 billion transaction unlocks significant value creation opportunity; substantial cross-selling opportunities to accelerate long-term profitable growth
•Expected to realize approximately $145 million in run-rate cost synergies by the third full year
•Double-digit cash EPS accretive in second full year
•IFF expects to maintain its quarterly dividend consistent with prior guidance
•Frutarom shareholder representing 36% of shares outstanding has entered into an agreement to vote in favor of the transaction
•IFF and Frutarom to host conference call today at 8:00 am EST (3:00 pm IDT) to discuss transaction and IFF’s first quarter 2018 financial results
Brief urges the Court to consider the consequences of taxing independent small businesses in states where they do not have facilities, employees or a voice in the local political process.
The Responsible Minerals Initiative (RMI) and the Global Reporting Initiative (GRI) today announced a project to help improve companies’ minerals sourcing due diligence and impact reporting by providing reporting resources and tools based on internationally recognized frameworks.
CECP: The CEO Force for Good announced that its Strategic Investor Initiative (SII) will host the CEOs of PG&E Corporation and Wells Fargo at a CEO Investor Forum on April 19, 2018, at NASDAQ in San Francisco, CA. This invitation-only event is SII’s fourth CEO Investor Forum and the first to be held on the West Coast. Investors and media interested in attending should register through SII’s web site. Registration closes this week.
As part of its continuing efforts to create a better world through business, CECP: The CEO Force for Good announced that it will add three top CEOs to the organization’s Board of Directors: KPMG U.S. Chairman and CEO Lynne Doughtie, Johnson & Johnson Chairman and CEO Alex Gorsky, and USAA CEO Stuart Parker. As a CEO-led coalition of more than 200 of the world’s largest companies, CECP believes a company’s social strategy – how it engages with key stakeholders including employees, communities, investors, and customers – determines a company’s success. Mr. Gorsky will also serve as Co-Chair of CECP’s Strategic Investor Initiative, alongside Bill McNabb, Chairman, Vanguard.
On March 23, Merck Chairman and CEO Ken Frazier received the Ronald H. Brown American Journey Award. The award, given annually, honors outstanding Americans who exemplify the vision and transformative ideals of Ron Brown, the first African-American U.S. Secretary of Commerce.
The landscape of reporting standards, guidelines, ratings, rankings, indexes can become dizzying very quickly. The ecosystem of companies measuring and reporting on how they are a force for good in society is alive and well. The nuts and bolts of how companies accomplish reporting can be a major operational challenge, not to mention the resource investment. How will companies’ tough choices on where to focus their efforts change over the years? A counter-balance to ratings and rankings is improvements to how a company reports and measures itself, such as through a Strategic Scorecard.
I’ve been working at BAT for more than 30 years and have never been more excited about the future. Changing consumer demands and a greater awareness of how innovative new technology can contribute to harm reduction have combined to herald a new era for the industry. We want to lead and help shape this future – we call this Transforming Tobacco.
AEG embraces its responsibility to enrich the lives of people in the communities around the world where we do business, and to use business to create...
The SCS Kingfisher certification mark is showing up on an increasing number of products around the world. It differentiates companies that are making...
Cascale organizes and participates in a series of events, leveraging its position as a global convener of close to half the sector to bring together...
Highlighting the top news, commentary, and research for the week coming from SHQ. The highlights newsletter also spotlights one profiled organization...
The SCS Kingfisher certification mark is showing up on an increasing number of products around the world. It differentiates companies that are making...
