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Image header Agence Europe
Europe Daily Bulletin No. 7936
Contents Publication in full By article 29 / 50
GENERAL NEWS / (eu) eu/competition

Pepsico authorised to acquire Quaker

Brussels, 30/03/2001 (Agence Europe) - The European Commission has cleared the plan by Pepsico Incorporated (cool drinks and snacks) to acquire Quaker Oats Company (manufacture and sale of packaged food products, notably breakfast cereals, as well as so-called energy or sports beverages). The activities of the two American companies are largely complementary so they should not entail competition on European markets. The only detrimental effect would be from the addition of the Quaker sports...

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