“Corbion Acquires TerraVia: A Strategic Move to Enhance Microalgae Innovation and Market Position”
Earlier this year, when TerraVia filed for Chapter 11 bankruptcy, Corbion made a $20 million “stalking horse” bid to acquire the company, which sets a baseline offer. The transaction was finalized in late September, with Corbion agreeing to a cash offer and the assumption of TerraVia’s debt. This acquisition was a strategic move for Corbion, … Read more