Danish pension fund group ATP, which is Danisco's (DCO.CO) biggest registered shareholder, said on Wednesday it was still considering U.S. chemicals group DuPont's (DD.N) 665-crowns-per-share bid for Danisco. ATP has a 5.1 percent stake in Danisco. DuPont and Danisco announced on Jan. 9 that DuPont had agreed to acquire the Danish food ingredients and enzymes company for $5.8 billion in cash and assume debt of $500 million. The deal is supported by Danisco's board. "We are still in the process of analysing the offer from DuPont," ATP chief executive Lars Rohde told a news conference on ATP's 2010 results.
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