Total Produce / Dole: the European decision postponed to end of July
All countries
Friday 13 July 2018
FJ
The European Commission and the competition services have just postponed their agreement on the Total Produce / Dole deal until 30 July.
The Irish company Total Produce has announced its desire to acquire 45% of the American company Dole, one of the world's leading producers of bananas and pineapples. This operation must be approved by regulatory agencies on both sides of the Atlantic. Expected initially for July 16, the agreement of the European Commission is postponed until July 30.
This operation will give birth to a cumulative turnover structure of approximately 8 billion euros.
source : independent.ie