DuPont Commences Public Tender Offer to Acquire Danisco


WILMINGTON, Del., Jan. 21, 2011 - DuPont (NYSE: DD) today announced that DuPont Denmark Holding ApS, a wholly owned and fully controlled subsidiary of DuPont, has commenced its previously announced voluntary recommended public offer to purchase all of the outstanding shares of Danisco at a price of DKK 665 in cash per share.

"Our fully valued offer and significant premium recognize Danisco's standing as a premier company that fits with DuPont's strategy," said DuPont Chair and CEO Ellen Kullman. "Our companies share a deep commitment to scientific discovery and market-driven innovation to solve some of the most difficult challenges posed by global population growth. We are pleased to formally begin our offer to Danisco's shareholders."

Highlights of the offer include the following:

o The offer price represents a premium of 58.7 percent compared to the
average price of Danisco's shares in the 12 months prior to the
announcement of the acquisition agreement, 32.5 percent compared to the
average price during the last month prior to the announcement, and 25.5
percent compared to closing price on the last trading day prior to the
announcement;

o Danisco's board of directors has unanimously determined to recommend
that Danisco shareholders accept the offer and tender their shares. The
Danisco board chose the DuPont offer after a structured bidding process,
which was designed to maximize value for Danisco shareholders;

o The Danisco board stated in its recommendation that the offer price
constitutes "an attractive premium" and the offer was "...the most
attractive offer received by the board in terms of offer price;"

o The Danisco board also stated in its recommendation that the offer
"compares favourably with Danisco's stand alone strategy, with its
associated execution and other risks;"

o The offer period ends on Feb. 22, 2011, at 11 p.m. CET (Feb. 22, 2011,
at 5 p.m. EST), unless extended as described in the offer document; and

o The offer is conditioned upon, among other things, shareholders holding
more than 90 percent of Danisco's shares accepting the offer, and
necessary approvals and clearances from the relevant competition
authorities in the European Union and China to complete the offer, and
the applicable waiting period under U.S. competition law having expired
or been terminated.

DuPont Denmark Holding expects that the offer will be completed early in DuPont's second quarter, with timing to be influenced by a number of factors, including receipt of antitrust/competition approvals.

All terms and conditions of the offer are described in the offer document dated Jan. 21, 2011. The offer document is available free of charge on the Danisco website at www.danisco.com with a copy of the Statement of the board of directors of Danisco A/S Concerning the Voluntary Recommended Public Offer.

DuPont (www.dupont.com) is a science-based products and services company. Founded in 1802, DuPont puts science to work by creating sustainable solutions essential to a better, safer, healthier life for people everywhere. Operating in more than 90 countries, DuPont offers a wide range of innovative products and services for markets including agriculture and food; building and construction; communications; and transportation.

SOURCE DuPont

CONTACT:Anthony Farina,+1-302-773-4418 - office,+1-302-545-0316 - mobile,anthony.r.farina@usa.dupont.com

Web Site: www.dupont.com

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