CASE COMMENTS: MERGERS - RHUM - CLEARANCE DECISION
Clearance: The French Competition Authority approves under conditions the merger between the first and the second French rum producers (Rhum français)
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The Competition Authority has put online on Friday 10 February 2012 the Decision (Phase II) No. 11-DCC-187 of December 13, 2011 under the terms of in which it authorises the merger of the first and second producer of French rum (off-trade) through the acquisition of sole control of the company Quartier Français Spiritueux by the Compagnie Financière Européenne of Equity Investments (Cofepp).
Given that the operation will strengthen the leadership position Cofepp, with a combined market share of [70-80] % thanks to a significant addition of market shares of [10-20%] and that, at the end of the
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