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Europe Daily Bulletin No. 8681

6 April 2004
Contents Publication in full By article 23 / 43
GENERAL NEWS / (eu) eu/competition
Cargill's acquisition of sole control of BCA cleared

Brussels, 05/04/2004 (Agence Europe) - The European Commission has approved the proposed acquisition of the British undertaking BCA, active in agricultural merchanting in the UK, by Cargill Plc, part of the US-based Cargill Inc. The transaction involved a change from joint to sole control of BCA, currently a 50/50 joint venture between Cargill and SCB Holdings. Since BCA comprises the UK-businesses of both Cargill and Banks the European Commission considers that there were no horizontal...

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