7 days ago
Bankers Prep Up To €2 Billion Debt for DSM Animal Nutrition Unit
Bankers are willing to lend up to €2 billion ($2.3 billion) for DSM-Firmenicgh AG's animal nutrition and health business, as the sale process draws closer to a conclusion.
Final bids for the unit are expected this month, according to people familiar with the matter, who asked not to be identified because the talks are private. Bankers are working out how much debt could be made available to back a bid, they added.