Friday, July 27, 2007

EU clears Nestle's planned acquisition of Gerber

(Reuters) - In Poland there was only limited overlap between the two companies plus competition from other players while in Cyprus, Iceland and Portugal, the Commission concluded that market entry is relatively easy and the markets are competitive.




Nestle, already the world's biggest maker of infant formula, is now moving into the top position in baby food as well with the Gerber buy. Nestle has said it wants to expand Gerber operations globally.


Read more at Reuters.com Mergers News

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