On February 12, 2024, dsm-firmenich AG (dsm-firmenich) and DSM B.V. (DSM) announced that the Voluntary Tender Offer for the remaining DSM ordinary shares (previously Koninklijke DSM N.V. with ISIN: NL0000009827, the Shares) as announced on January 8, 2024 (the Voluntary Tender Offer) has been completed.
4,163,287 Shares, representing approximately 2.4% of the Shares, have been tendered to dsm-firmenich under the Voluntary Tender Offer. As a result, dsm-firmenich now holds approximately 98.5% of the Shares.
The holders of Shares who have sold their Shares through the Voluntary Tender Offer, will receive the offer price of €96.00 per Share on February 13, 2024, free from withholding or dividend tax. The total consideration payable by dsm-firmenich under the Voluntary Tender Offer amounts to EUR 399,675,552.
dsm-firmenich will seek to acquire the remaining approximately 1.5% Shares through the statutory buy-out procedure (the Buy-Out) at the Enterprise Chamber of the Amsterdam Court of Appeal (Ondernemingskamer), which started on July 17, 2023.
