BRUSSELS LAUNCHES MERGER PROBE ON YEAST
April 1st, 2008
BY KEITH NUTHALL
THE EUROPEAN Commission has opened a detailed merger probe into the proposed acquisition of certain parts of the Netherlands' GBI by Britain-based Associated British Foods (ABF). Both companies produce dry, compressed and liquid baker's yeast and Brussels fears competition problems in Portugal, Spain and France.
ENDS
THE EUROPEAN Commission has opened a detailed merger probe into the proposed acquisition of certain parts of the Netherlands' GBI by Britain-based Associated British Foods (ABF). Both companies produce dry, compressed and liquid baker's yeast and Brussels fears competition problems in Portugal, Spain and France.
ENDS
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