The European Commission has officially approved the acquisition of Carrefour Italy by NewPrinces S.p.A., granting the Italian company full control over Carrefour Italia S.p.A., according to an announcement from the institution. The transaction concerns the production and retail distribution of food products.
EU officials concluded that the deal does not raise competition concerns, given its limited impact on the markets in which the two companies operate. The assessment was conducted under the standard merger review procedure and identified no risks to market competition.
Read full article here: turnovernews.com
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Photo: Business Review
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