{"id":844268,"date":"2022-12-20T18:00:40","date_gmt":"2022-12-20T17:00:40","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/iff-announces-the-sale-of-its-savory-solutions-group-to-pai-partners\/"},"modified":"2022-12-20T18:00:40","modified_gmt":"2022-12-20T17:00:40","slug":"iff-announces-the-sale-of-its-savory-solutions-group-to-pai-partners","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/iff-announces-the-sale-of-its-savory-solutions-group-to-pai-partners\/","title":{"rendered":"IFF Announces the Sale of Its Savory Solutions Group to PAI Partners"},"content":{"rendered":"NEW YORK--(BUSINESS WIRE)--IFF (NYSE: IFF) today announced it has entered into an agreement to sell its Savory Solutions Group to PAI Partners, a leading global private equity firm with a strong focus on the food and consumer industry. The transaction values the business at approximately $900 million and cash proceeds net of taxes and expenses will be primarily used to reduce outstanding debt.\n\n\n\n\u201cA key aspect of our strategy is to continuously evaluate our portfolio to identify opportunities to maximize shareholder value,\u201d said IFF CEO Frank Clyburn. \"The sale of IFF\u2019s Savory Solutions Group is an important milestone as it allows us to focus on our highest-return businesses, improve our capital structure and enhance our go-forward gr
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NEW YORK–(BUSINESS WIRE)–IFF (NYSE: IFF) today announced it has entered into an agreement to sell its Savory Solutions Group to PAI Partners, a leading global private equity firm with a strong focus on the food and consumer industry. The transaction values the business at approximately $900 million and cash proceeds net of taxes and expenses […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49625],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-844268","post","type-post","status-publish","format-standard","hentry","category-private-capital-in-north-america"],"acf":[],"yoast_head":"\nIFF Announces the Sale of Its Savory Solutions Group to PAI Partners - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/iff-announces-the-sale-of-its-savory-solutions-group-to-pai-partners\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IFF Announces the Sale of Its Savory Solutions Group to PAI Partners - BeBeez\" \/>\n<meta property=\"og:description\" content=\"NEW YORK--(BUSINESS WIRE)--IFF (NYSE: IFF) today announced it has entered into an agreement to sell its Savory Solutions Group to PAI Partners, a leading global private equity firm with a strong focus on the food and consumer industry. 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