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Image header Agence Europe
Europe Daily Bulletin No. 10111
Contents Publication in full By article 19 / 27
GENERAL NEWS / (eu) eu/competition

Commission to examine proposed acquisition of Sara Lee's air care unit by Procter & Gamble

Brussels, 01/04/2010 (Agence Europe) - On Wednesday 31 March, the European Commission has accepted the request of five EU countries to assess under the EU Merger Regulation the proposed acquisition of Sara Lee Air Care business by Procter & Gamble. The deal did not qualify for the EU's one-stop shop review because the merging parties do not meet the triggering turnover threshold, but the national competition authorities of Belgium, Germany, Spain, Portugal and the United Kingdom asked the...

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