International Flavors & Fragrances Inc. filed a Current Report to recast its unaudited financial results for periods ending March 31, 2026, and prior quarters, classifying the Food Ingredients business and the Soy Crush, Concentrates, and Lecithin (SCL) business as discontinued operations. The Food Ingredients disposal group was sold to CVC Capital Partners in a transaction announced May 29, 2026, with closing expected by the end of Q2 2027; IFF retains an approximate 10% minority equity interest. This divestiture, combined with the SCL sale completed March 2, 2026, represents a strategic shift meeting held-for-sale criteria. The filing provides recast segment data for Taste, Scent, Health & Biosciences, and Pharma Solutions to reflect these separations. International Flavors & Fragrances Inc. operates in the specialty ingredients industry, creating flavors, fragrances, and biosolutions.

International Flavors & Fragrances Inc. reported second quarter 2026 financial results and announced the sale of its Food Ingredients business to CVC Capital Partners for approximately $3.8 billion, with IFF retaining a 10% minority stake. The transaction is expected to close by the end of Q2 2027. For continuing operations, Q2 sales were $1.95 billion and adjusted operating EBITDA was $408 million. The company provided full-year 2026 guidance for continuing operations, expecting sales between $7.4 billion and $7.6 billion and adjusted operating EBITDA between $1.53 billion and $1.60 billion. Additionally, the Board authorized an enhanced $2.5 billion share repurchase program, including a $500 million accelerated share repurchase in H2 2026. International Flavors & Fragrances Inc. operates in the flavors, fragrances, and health and biosciences industry.

International Flavors & Fragrances Inc. entered into a $1,000,000,000 senior unsecured delayed draw term loan facility with Wells Fargo Bank, National Association, to refinance its €800 million 1.800% Senior Notes due 2026. The facility is available through September 25, 2026, and matures on December 31, 2027. The company is also expected to generate approximately $3.8 billion in net cash proceeds from the sale of its Food Ingredients business segment, which must be used to mandatory prepay the term loan. International Flavors & Fragrances Inc. develops and manufactures flavors and fragrances for the consumer goods industry.

International Flavors & Fragrances Inc. has entered into an agreement to sell its Food Ingredients business to affiliates of CVC Capital Partners for approximately $4.3 billion. The transaction is expected to yield approximately $3.8 billion in net cash proceeds and a minority equity interest in the future company valued at roughly $200 million.

International Flavors & Fragrances Inc. has released its financial results for the first quarter ended March 31, 2026. The company is scheduled to host a live webcast to discuss these results on May 6, 2026.