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Commission gives green light for major sugar industry takeover
date:May 17, 2012
The deal will be approved only if EDF MAN divests its newly-built Brindisi refinery in Italy to allow adequate competition in the market.


Approval comes after the Commission launched an in-depth investigation last November into the acquisitions impact on competition in Central Europe and a potential sugar price hike. The deadline on a decision had been postponed on two occasions after concerns were raised.


Italian plant


Joaqun Almunia, commission vice president in charge of competition pol

12/17 06:05