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Competition & Public Procurement / 15 Nov 2014

Borenius advised a Danish Agro group company in merger control clearance

We notified the acquisition of control in Muna Foods Oy by a Danish DAVA Foods Holding A/S to the Finnish Competition and Consumer Authority (FCCA). The case was exceptional as the FCCA found no competition concerns on the relevant markets but required, as a condition for approval, a divesture commitment regarding a minority shareholding in a company that was active in a closely related market. The concentration was approved with commitments in the second phase of investigation.

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