International Flavors & Fragrances Inc at Stifel Cross Sector Insight Conference (Virtual) Transcript
Great. Well, thank you for joining, everyone. I'm Mark Astrachan, Stifel's Household and Personal Care, Beverages and Broadline Retail Analyst. We're pleased to welcome International Flavors & Fragrances to Stifel's Cross Sector Insight Conference. With us today, we have Chairman and CEO, Andreas Fibig; Senior VP of Communications and Investor Relations, Michael DeVeau; and Director of Investor Relations, Michael Bender.
So today's presentation, conversation comes at an interesting time, especially given the coronavirus pandemic and its impact on consumer demand. IFF's role as supplier of increasingly value-added ingredients to consumer goods gives it a unique vantage into real-time trends during the pandemic. And if that weren't enough, the company is working to close the acquisition of DuPont's Nutrition & Biosciences business, which was a $26 billion deal when it was announced. That would make the combined business the largest integrated solutions company in the world with $11 billion in
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