Bush Boake Allen Retains Credit Suisse First Boston to Explore Strategic Alternatives.Business Editors MONTVALE, N.J.--(BUSINESS WIRE)--June 20, 2000 Bush Boake Allen Inc. (NYSE NYSE See: New York Stock Exchange : BOA boa (bō`ə), name for live-bearing constrictor snakes of the family Boidae, found mostly in the Americas. This family, which also comprises the egg-laying pythons of the Old World, includes the largest of all snakes, as well as many smaller ) announced today that it has engaged Credit Suisse First Boston Credit Suisse First Boston was originally the trading name of the Financière Crédit Suisse-First Boston, a London-based 50-50 investment banking joint venture formed in 1978 between the First Boston Corporation and Credit Suisse. Corporation to help explore various strategic alternatives to enhance shareholder value, including a sale or merger of the Company. This decision was arrived at by agreement of the Company's Board of Directors. Bush Boake Allen Inc. (NYSE: BOA), which conducts operations on six continents Six Continents is a large retail PLC in UK which split into Six Continents Retail known as Mitchells and Butlers plc. The hotels and soft drinks business of Six Continents PLC is now known as InterContinental Hotels Group PLC. , has 60 locations in 38 countries worldwide. The company supplies flavors and fragrances to the world's leading consumer products companies for use in foods, beverages, soaps and detergents, cosmetics, toiletries toi·let·ry n. pl. toi·let·ries An article, such as toothpaste or a hairbrush, used in personal grooming or dressing. toiletries npl → artículos mpl de aseo (= , personal care items and related products. Its aroma chemicals aroma chemical, n an odorous chemical with useful properties that is also legal and safe to use as a flavor or fragrance. , natural extracts and essential oils serve as raw materials for a wide range of compounded flavors and fragrances. Statements in this press release, which are not historical, are forward-looking statements that are subject to risks and uncertainties which could cause actual results to differ materially. Such risks and uncertainties with respect to Bush Boake Allen's business include general economic conditions, customers changing flavor and/or fragrance formulations, pricing, availability and capacity of both materials which are purchased and products which are sold, potential disruption to operations from Year 2000 issues, the effect of the transition to the Euro and political and economic uncertainties, currency fluctuations, devaluations and/or revaluations in the many countries in which the company operates. The company assumes no duty to update any such forward-looking information. |
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