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Friday, April 15, 2011

DuPont gets Chinese OK for Danisco buyout - source, (NYSE: DD), (DCO)

DuPont (DD.N) has received Chinese approval for its $5.9 billion buyout of Danish food additives maker Danisco A/S (DCO.CO), a source familiar with the matter said on Friday. The approval is the last major regulatory hurdle for the deal, which still must win the backing of Danisco shareholders.

Source