EU restarts merger review of planned ABF/GBI deal

Fri Jul 18, 2008 10:26am BST
 
Email | Print | | Single Page
[-] Text [+]

BRUSSELS, July 18 (Reuters) - The European Commission said on Friday it had restarted its review of Associated British Foods' (ABF.L) plan to buy some assets and subsidiaries of GB Ingredients BV of the Netherlands.

The European Union's executive arm had suspended the review on July 15 as it was seeking missing information needed to judge whether to let the deal go ahead on competition grounds.

It set a new deadline of Oct. 16 for the review.

GB Ingredients is a producer of yeast. Associated British Foods sells food products including yeast. (Reporting by Dale Hudson)

 

Market Update

  • UKUK
  • USUS
  • Europe
  • Asia
  • UK Most Actives
Currency
US $ inGBP =0.6167
Euro inGBP =0.8604
¥en inGBP =0.0067

Most Popular on Reuters UK

  • Articles
  • Videos