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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Danone | EU:BN | Euronext | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 58.72 | 60.00 | 56.00 | 0.00 | 07:01:02 |
By Cristina Roca
The U.K.'s antitrust authority has launched a merger inquiry into Danone SA's acquisition of Harrogate Water Brands Ltd., it said Monday.
The Competition and Markets Authority, or CMA, said it is considering whether the transaction could result in reduced competition in any markets in the U.K.
The CMA set a deadline of July 6 for reaching its phase 1 decision.
The French food giant in February signed an agreement to take a majority stake in the U.K. bottled-water company.
Write to Cristina Roca at cristina.roca@dowjones.com; @_cristinaroca
(END) Dow Jones Newswires
May 11, 2020 02:38 ET (06:38 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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