European Commission grants government request to refer Cargill Incorporated bid for Cerestar to the UK.

0 Comments | M2 Presswire, January, 2002

M2 PRESSWIRE-21 January 2002-UK Government: European Commission grants government request to refer Cargill Incorporated bid for Cerestar to the UK (C)1994-2002 M2 COMMUNICATIONS LTD RDATE:21012002 Melanie Johnson, Minister for Competition and Consumer Affairs, today welcomed the European Commission's decision to refer an element of the proposed acquisition of Cerestar by Cargill Incorporated to the UK competition authorities under Article 9 of the EC Merger Regulation.

Melanie Johnson said: "I am pleased that the Commission has agreed with our request to refer this case to the UK authorities. We were of the view that consideration of this case by the UK authorities would be beneficial, since it appears to raise competition concerns in the UK in...