IFF to merge with DuPont's $26.2b nutrition unit

IFF to merge with DuPont's $26.2b nutrition unit

A DuPont logo is pictured on the EMEA (Europe, Middle East & Africa) and Du Pont de Nemours International SA building in Grand-Saconnex near Geneva in this August 4, 2009 file photo. REUTERS/Denis Balibouse/Files

International Flavors & Fragrances Inc on Sunday said it will merge with DuPont Inc’s $26.2 billion nutrition & biosciences unit in a deal that will create a new consumer giant valued at more than $45 billion.