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Europe Daily Bulletin No. 8517

2 August 2003
GENERAL NEWS / (eu) eu/competition
Commission clears Archer Daniel Midland's acquisition of VDBO

Brussels, 01/08/2003 (Agence Europe) - The European Commission has approved the acquisition of VDBO, a division of Unilever Bestfoods active in the seed oil sector and its by-products, by ADM. ADM's principal businesses are the processing of oil seed, maize and wheat and the resale of agricultural commodities. The transaction broadens ADM's activities on the seed oil and bakery fat markets. The Commission examined the impact of the acquisition on the markets for bulk refined seed oil, packed...

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