The Turkish Competition Authority clears a merger in the chewing-gum market conditional on the transfer of a brand license and appoints a trustee (Greencastle / Intergum)
Greencastle Drinks Limited (“Greencastle Drinks”) applied on June 8, 2007 to the Turkish Competition Board (the “Board”) for obtaining the approval of the latter regarding the transfer of 100% of the shares in (i) Intergum Gida San. ve Tic. A.S . (“Intergum Gida”), (ii) Dandy Sakiz ve Sekerleme Sanayi A.S (“Dandy Sakiz”), (iii) "Falim Sakiz San. ve Tic. A.S (“Falim Sakiz”) and (iv) Intergum North America Inc. (Intergum North America Inc. incorporated in the U.S.A. and is inactive), (Intergum Gida, Dandy Sakiz, Falim Sakiz are hereinafter collectively referred to as "Intergum Group") owned by Jak AMRAM, Leon AMRAM, Filip AMRAM and Lolita AMRAM to Greencastle Drinks and
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