Brussels, 12/11/2007 (Agence Europe) - On 9 October 2007, the European Commission approved the planned acquisition of the global biscuits, snacks and cereals business of Danone of France by the US-based company Kraft. The Commission's decision is subject to several conditions.
As regards biscuits, Danone Biscuits is active in the whole of Europe with its umbrella brand LU as well as other international brands. Kraft sells biscuits primarily in Spain and Portugal under the Fontaneda and...