The European Commission clears, subject to divestiture, an acquisition in the food sector (Kraft/Danone Biscuits)

"Mergers: Main developments between 1 September and 31 December 2007"* On 9 November the Commission approved the proposed acquisition of the worldwide biscuits, snacks and cereals business of Danone of France by the US-based company Kraft. The Commission’s decision was granted subject to the divestiture of a range of Spanish biscuit brands, a plant in Spain and a Hungarian

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Authors

  • JG Associates (Brussels)
  • DG COMP (Brussels)

Quotation

John Gatti, Mary Loughran, The European Commission clears, subject to divestiture, an acquisition in the food sector (Kraft/Danone Biscuits), 9 November 2007, e-Competitions Bulletin November 2007, Art. N° 37756

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