Brussels, 14/06/2011 (Agence Europe) - On Tuesday 14 June, the European Commission cleared the proposed acquisition of the Italian dairy group Parmalat by Lactalis of France, also a dairy company. After investigation, the Commission concluded that the transaction “would not significantly impede effective competition in Italy or any other European Economic Area (EEA) countries”.
Lactalis was, thus, given the all-clear from the Commission on its €3.4 billion take-over bid for its...