0756 GMT - DSM-Firmenich's failure to sell its vitamins and animal-nutrition businesses by year-end indicates difficult discussions with private-equity buyers, Berenberg analyst Sebastian Bray writes. Any deal is now likely to result in DSM keeping a roughly 35% stake in the businesses, which could still boost the company's share price, Bray says. "Even if DSM-Firmenich's remaining stake proves difficult to monetize, we suspect the market reaction will be to sigh with relief that the level of volatility associated with the business has been reduced," he says. Shares closed Monday at 69.02 euros and have fallen 29% over the year to date. (ian.walker@wsj.com)
(END) Dow Jones Newswires
December 30, 2025 02:56 ET (07:56 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Comments