UK Approves Merger Of Frozen Meal Giants

Law360, New York (October 25, 2011, 6:25 PM EDT) -- The U.K.'s competition investigator on Tuesday cleared the January merger of Kerry Foods Ltd. and Headland Foods Ltd. after determining that price increases after the acquisition were not a long-term problem and that the deal won't hinder competition in the frozen meals market.

In its provisional findings, the Competition Commission found that since the merger of the rival companies — which were the two biggest suppliers of frozen meals to the U.K. — several customers had been able to switch to other suppliers after Kerry told...
To view the full article, register now.