IFF Begins Trading on the Tel Aviv Stock Exchange
International Flavors & Fragrances Inc. (NYSE: IFF) (Euronext Paris: IFF) (TASE: IFF) today announced that effective today, the Company has listed and begun trading on the Tel Aviv Stock Exchange (TASE) under the symbol “IFF.” The TASE listing follows the completion of IFF’s acquisition of Frutarom, which was announced on October 4, 2018. The TASE listing will not alter IFF’s share count, capital structure, or current stock-listings on the New York Stock Exchange (NYSE) and Euronext Paris, where it also trades under the symbol “IFF.”
“IFF is very excited and committed to continue Frutarom’s longstanding history as a major presence in Israel, both through our significant local operations and now with the listing of IFF shares on the Tel Aviv Stock Exchange,” said Andreas Fibig, IFF Chairman and CEO. “By expanding our shareholder base in Israel, the listing will allow local investors to be part of the new IFF. We look forward to accelerating profitable growth, enhancing free cash flow and generating returns for local shareholders and all other IFF shareholders around the world.”
The IFF and Frutarom combination creates a global leader in natural taste, scent and nutrition with expected 2018 pro-forma sales of $5.3 billion. Both IFF and Frutarom have long histories of strength in R&D, and the combined company will be leveraging these capabilities to further innovate its portfolio of products. The combined company will be headquartered in New York City and will maintain a presence in Israel.
International Flavors & Fragrances Inc. (NYSE:IFF) (Euronext Paris: IFF)(TASE: IFF) is a leading innovator of scent, taste, and nutrition, with over 110 manufacturing facilities, 100 R&D centers, and 33,000 customers globally. At the heart of our company, we are fueled by a sense of discovery, constantly asking “what if?”. That passion for exploration drives us to co-create unique products that consumers experience in more than 150,000 unique products sold annually. Our 13,000 team members globally take advantage of leading consumer insights, naturals exploration, research and development, creative expertise, and customer intimacy to develop differentiated offerings for consumer products. Learn more at www.iff.com, Twitter, Facebook, Instagram, and LinkedIn.
International Flavors & Fragrances Inc.
521 West 57th Street
New York, NY 10019
International Flavors & Fragrances Inc.
Michael DeVeau, 212-708-7164
VP, Global Corporate Strategy, Investor Relations & Communications
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
World’s Leading Mobile Operators to Disclose Climate Impacts as Part of New GSMA-Led Climate Action Roadmap16.9.2019 12:00:00 EEST | Press release
Many of the world’s largest mobile operator groups have agreed to start disclosing their climate impacts as part of a major new GSMA-led initiative to develop a mobile industry climate action roadmap in line with the Paris Agreement. More than 50 mobile operators – which together account for more than two thirds of mobile connections globally1 – are now disclosing their climate impacts, energy and greenhouse gas (GHG) emissions via the internationally recognised CDP global disclosure system. The move will enable full transparency for investors and customers involved in the mobile sector. Many of the companies are disclosing for the first time as part of the GSMA-led initiative. GSMA operator members that are disclosing via CDP include América Móvil, AT&T Inc., Axiata Group, Bell Canada, Bharti Airtel, BT Group, China Mobile, China Telecom, China Unicom, Chunghwa Telecom, Deutsche Telekom, DNA Plc, Elisa Corporation, Far EasTone, Globe Telecom, Inmarsat, KDDI Corporation, KPN, KT Corpor
GSMA GLOMO Awards 2020 Now Open for Entries16.9.2019 11:00:00 EEST | Press release
The GSMA today announced that the Global Mobile Awards 2020 (GLOMO Awards) are now open for entries. The prestigious awards, which will enter their twenty-fifth year at GSMA MWC Barcelona 2020, celebrate the key innovations and achievements from both individuals and organisations across the mobile industry. Over 300 judges, comprised of analysts, journalists and academics, will assess 9 categories and 37 different awards that reflect the key achievements to have shaped the industry over the past 12 months. Entries for the 2020 awards may be submitted now, with the winners announced at a ceremony held at GSMA MWC Barcelona. “The GLOMOS will celebrate a quarter-century of innovation at MWC Barcelona next year. It is incredible to think that in 1995 we welcomed the world’s first flip phone and today we are about to experience the first 5G-enabled, foldable smartphone,” said Mats Granryd, Director General, GSMA. “This is a fast-moving, ever-changing industry where mobile connectivity is im
GSMA Announces First Speakers for Mobile 360 – Eurasia 201916.9.2019 11:00:00 EEST | Press release
The GSMA today announced the first speakers for its Mobile 360 – Eurasia 2019 conference, which will take place on the 8-9 October 2019 at the Lotte Hotel, Moscow. The event, which is now in its second year, invites senior leaders from mobile operators, governments and regulatory bodies to discuss the impact of mobile technology on the digital economy in the region. This year’s event will have the theme of ‘Embracing 5G and Emerging Technologies to Accelerate the Digital Economy’ and will examine the imminent commercial launch of 5G in the region. Initial commercial 5G launches are expected in 2020 with the total number of 5G connections in Russia set to reach 48 million by 2025. “We are excited to be hosting our second Mobile 360 event in Russia and have convened an incredibly strong line-up of keynote speakers from across the world who will discuss the pivotal role that 5G networks will play in the digital economy,” said Mats Granryd, Director General, GSMA. “5G will be a key focus a
Jefferies to Hold Global Relief Day in Support of Hurricane Relief in the Bahamas Today, September 1616.9.2019 10:00:00 EEST | Press release
Jefferies announced that today is the firm’s global trading day for Hurricane Dorian relief efforts in the Bahamas. Jefferies will offer investors around the world the opportunity to join efforts to assist those affected by the devastation of this event by trading with Jefferies. As previously announced, Jefferies will donate all net trading commissions earned today from U.S., European and Asia equity, fixed income and foreign exchange trading. In addition, Jefferies as a firm will donate $1 million itself directly, and all 3,656 employees worldwide will be given the opportunity to donate to the relief effort their salary for today. These contributions will be allocated to a series of charities with the goal of quickly getting funds to relief activities directly involved in the rescue and recovery efforts. Rich Handler, Chairman and Chief Executive Officer of Jefferies, and Brian Friedman, Chairman of the Executive Committee, commented: "All of us at Jefferies are deeply concerned abou
Velodyne Shows Velarray Lidar in Sleek Car Designs at IAA 2019 Conference14.9.2019 22:39:00 EEST | Press release
Velodyne Lidar, Inc. (Hall 8.0, Booth A13) is showcasing the pristine integration of Velarray lidar sensors into consumer vehicles to make currently available, high-end electric vehicles safer at the IAA 2019 Conference. Velodyne has addressed the market need for lidar technology that enables high-level Advanced Driver Assistance Systems (ADAS) for safe navigation and collision avoidance, all within a compact form factor. The lidar is situated behind the vehicle’s windshield for streamlined, flawless integration. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190914005023/en/ Can you see the lidar? The Velarray is embedded in a sleek electric car at IAA 2019 (Hall 8.0, Booth A13). (Photo: Velodyne Lidar) Velodyne booth visitors can see how the Velodyne Velarray™ sensors are beautifully integrated into sleek, high-end vehicles, maintaining their aerodynamic design. The Velarray’s small, embeddable form factor is a powerful so
Insurance Leaders and Visa Digitize Claims Payouts for Individuals and Businesses When They Need It Most13.9.2019 17:37:00 EEST | Press release
Emergencies like car collisions or natural disasters come when people least expect them, leaving individuals unprepared to complete insurance forms, confirm claim estimates, and pay repair shop and medical expenses. During these times, quick access to funds is critical. Visa is committed to working with innovative companies in the insurance industry to help turn outdated and time-consuming processes associated with insurance claim payouts into near real-time1 access to payments when individuals, families and businesses need them the most. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190913005323/en/ Visa Direct powers real-time insurance payouts, providing people access to their funds when they need it most. (Graphic: Business Wire) “Visa believes that money shouldn’t be a stressor in moments of crisis and waiting on average six to 10 days to access the money from insurance checks, is outdated, frustrating and costly to th
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom