IFF signs deal to sell microbial control unit to Lanxess for $1.3 billion - NewsBreak

Aug 23 (Reuters) - Chemical company International Flavors & Fragrances (IFF) has signed a deal to sell its microbial control unit to German specialty chemicals maker Lanxess , with the deal being valued at $1.3 billion, the companies said. IFF, which supplies scents and tastes for products that are household...