Brussels, 28/05/2009 (Agence Europe) - On Wednesday 27 May, the European Commission cleared the proposed acquisition of chocolate manufacturer Schokinag of Germany by the US agricultural commodity undertaking Archer Daniels Midland (ADM), a specialist in raw agricultural materials.
The Commission examined the competitive effects of the proposed merger in the markets for the procurement of cocoa beans and semi-finished cocoa products (cocoa mass, cocoa butter, cocoa powder) where both...