Danish food ingredients and enzymes maker Danisco's board of directors on Monday unanimously recommended that Danisco shareholders accept U.S. chemicals group DuPont's improved offer for Danisco. Late on Friday, DuPont raised its offer for Danisco by 5 percent to 700 Danish crowns ($139) per share from 665, making its cash offer worth $6.64 billion in an effort to persuade reluctant Danisco shareholders to accept the deal announced in January. DuPont also lowered the acceptance level that it requires of Danisco shareholders to 80 percent from 90 percent and extended the offer period to May 13. The Danisco board, which had endorsed the deal with DuPont at 665 crowns per share in January, told shareholders on Monday to accept the raised offer.
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