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DSM to Explore Bid for $25 Billion DuPont Nutrition Unit

  • DuPont approaching potential bidders including Kerry, Givaudan
  • Chemical maker sends out confidentiality agreements to suitors
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Photographer: Mark Makela/Getty Images
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Royal DSM NV is among suitors exploring potential bids for DuPont de Nemours Inc.’s nutrition and bioscience business, which could be valued at as much as $25 billion, people with knowledge of the matter said.

The company has lined up advisers as it considers making an offer for the division, according to the people, who asked not to be identified because the information is private. DuPont has also been reaching out to other potential bidders including Ireland’s Kerry Group Plc and Swiss fragrances and flavorings maker Givaudan SA, one of the people said.