November 17, 2017
EU OKs Cargill-Faccenda JV in UK fresh chicken business
The joint venture will combine Cargill's fresh chicken business in the UK with Faccenda's fresh chicken, turkey and duck business.
In October, the EC granted a request to refer the assessment of the transaction's effects on competition in the UK to the UK competition authority.
The EC on Thursday, Nov. 16, said that the remainder of the transaction would raise no competition concerns because the companies' market shares are small in the relevant areas outside the UK.
The transaction was examined under the simplified merger review procedure.