date:May 15, 2014
German scents and flavorings group Symrise AG fetched 401 million euros ($550 million) in a capital increase to help finance its 1.3 billion euro acquisition of French food ingredients maker Diana Group.
It sold 11.15 million new shares, about 10 percent of its equity capital, in an accelerated bookbuilding organised by JP Morgan and Commerzbank at 36 euros ($49.34) apiece, the company said in a statement on Wednesday.
Last month Symrise announced the acquisition of Diana for 1.3 billion euros