CONAGRA DEAL
June 1st, 2004
BY KEITH NUTHALLTHE EUROPEAN Commission has granted European Union (EU) competition authority clearance to US-based private equity investment group Carlyle Group acquiring full control of Spain's Saprogal S.A. by from another American company, food giant ConAgra Foods Inc. Saprogal produces and supplies poultry products, pet food and animal feed mostly in Spain and Portugal, commanding annual sales exceeding Euro 250 million. After a preliminary investigation, Brussels decided to fast track the merger approval, imposing no conditions. Saprogal management chief ...
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