date:Jun 09, 2013
Barry Callebaut agreed to buy the cocoa processing operations of the Singapore-based firm last December.
After European approval, further regulatory hurdles must be overcome before the deal is finalized.
The Commission said in a statement that customers would still have sufficient alternative suppliers in all markets concerned and that the merged entity would continue to face competition from a number of other strong competitors.
Barry Callebaut will overtake Cargill as the worlds largest