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Europe Daily Bulletin No. 9645

18 April 2008
Contents Publication in full By article 23 / 34
GENERAL NEWS / (eu) eu/competition
Commission opens in-depth investigation into proposed acquisition of parts of GBI by Associated British Foods

Brussels, 17/04/2008 (Agence Europe) - On Thursday 17 April, the European Commission opened a detailed investigation into the proposed acquisition of certain parts of GBI of the Netherlands by the UK-based company Associated British Foods (ABF). GBI is controlled by private equity house Gilde Buy-Out Partners. Both companies produce dry, compressed and liquid baker's yeast. The Commission's initial market investigation confirmed the doubts raised by Portugal, Spain and France about the...

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