The merger will be implemented by an exchange offer by DSM-Firmenich for DSM shares and by the contribution by Firmenich shareholders of Firmenich shares to DSM-Firmenich in exchange for DSM-Firmenich shares and EUR 3,5 billion in cash. At the start of the merger, DSM shareholders will hold a total of 65,5 % of DSM-Firmenich and the various Firmenich shareholders will hold a total of 34,5 % of DSM-Firmenich.
Swiss law firm Bär & Karrer and Oberson Abels advised Firmenich on the Swiss tax aspects of the merger.
https://www.stibbe.com/en/news/2022/june/stibbe-advises-firmenich-on-merger-with-dsm