Danisco (DCO.CO) said on Wednesday its top management would resign later this month following U.S. chemicals group DuPont's (DD.N) takeover of the group for $6.4 billion in May. The Danish food ingredients and enzymes maker said Chief Executive Tom Knutzen and Chief Financial Officer Soren Bjerre-Nielsen would resign from Danisco with effect from June 17. The company is expected to be delisted from the Copenhagen stock exchange in June after a final general meeting of Danisco shareholders. DuPont has yet to decide whether to keep the Danisco brand name. Danisco shares were down 0.1 percent at 0734 GMT compared with a 1.0 percent fall in the Copenhagen bourse's blue-chip index .OMXC20.
E. I. du Pont de Nemours and Company (DuPont) offers a range of products and services for markets, including agriculture and food, building and construction, electronics and communications, general industrial and transportation. Shares of DD remained unchanged at $50.29. In the past year, the shares have traded as low as $33.73 and as high as $57.00. On average, 5458680 shares of DD exchange hands on a given day and today's volume is recorded at 0.
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