BAKERS’ YEAST DEAL APPROVED BY BRUSSELS
October 1st, 2008
BY KEITH NUTHALL
THE EUROPEAN Commission has cleared the proposed acquisition of baker's yeast production facilities from GBI, of the Netherlands, by Britain's Associated British Foods (ABF). Brussels approved the deal after ABF promised to offload GBI yeast businesses in Spain and Portugal to allay competition concerns.
ENDS
THE EUROPEAN Commission has cleared the proposed acquisition of baker's yeast production facilities from GBI, of the Netherlands, by Britain's Associated British Foods (ABF). Brussels approved the deal after ABF promised to offload GBI yeast businesses in Spain and Portugal to allay competition concerns.
ENDS
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