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Updated Report: Wild Has Archer Daniels Midland As Another Bidder

Posted: May 23, 2014

Wild Flavors GmbH reportedly now has Archer Daniels Midland (ADM) among the bidders for Wild in a transaction valued at 1.5 billion euros ($2.04 billion), a news report said on Friday, citing sources familiar with the matter.

Other press reports said earlier this year that Symrise AG is considering bidding for Wild. The news follows earlier reports in January which said Wild Flavors GmbH owner Hans-Peter Wild and buyout firm KKR & Co. were reportedly exploring a possible sale valued at as much as $2 billion, or an initial public offering.