EUROPEAN COMMISSION POSTPONES DANONE TAKEOVER DECISION BY 10 DAYS

BY ALAN OSBORN THE EUROPEAN Commission is to postpone by 10 days - until October 31 - its competition regulatory decision on the proposed take-over by the French company Danone of the Netherlands firm Numica. This is in order to "market test" commitments given by the two companies, a spokeswoman for the Commission's competition directorate told just-food.com. Both companies are active in the production and sale of baby food and nutrition products among other things, and there could be anti-competitive aspects to the take-over. However both firms have ...


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