EC Approves Refresco-Gerber Deal With Conditions

Law360, New York (October 4, 2013, 3:51 PM EDT) -- The European Commission on Friday signed off on Dutch beverage maker Refresco's bid for British rival Gerber Juice Co. Ltd.'s Pride Foods Ltd. after Refresco agreed to sell one of Pride's German production and bottling plants.

The European Union's antitrust watchdog worried that the original proposed deal would have harmed competition to provide supermarkets in France, Germany and Belgium with fruit juices, juice drinks and other beverages to be sold under their own private labels.

The EC also voiced concerns that the deal for Pride, known...
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