date:Jul 14, 2014
ingredient company Wild Flavors for 2.3 billion euros ($3.1 billion), while Symrise earlier this year snapped up French food ingredients maker Diana Group.
Shares in Symrise, which has a stock market value of just over 5 billion euros, rose to a high of 42.05 euros in early trade but pared gains to be 0.7 percent higher at 39.45 euros by 0923 GMT, as doubts grew that a bid from Ajinomoto was imminent.
We believe that Ajinomoto is planning a major acquisition. However, Symrise is not likely to