FINLAND DEAL
March 1st, 2005
BY KEITH NUTHALL
THE EUROPEAN Commission has cleared the proposed acquisition of Finnish snacks company Chips group by Norway consumer good producer Orkla. This follows the Norwegians' offer to scrap Chips' distribution of frozen pizzas within Finland via Sweden's Gunnar Dafgard, to prevent the merged group dominating the Finnish frozen pizza market.
THE EUROPEAN Commission has cleared the proposed acquisition of Finnish snacks company Chips group by Norway consumer good producer Orkla. This follows the Norwegians' offer to scrap Chips' distribution of frozen pizzas within Finland via Sweden's Gunnar Dafgard, to prevent the merged group dominating the Finnish frozen pizza market.
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