European Commission approval for Jacobs Douwe Egberts deal
Mondelez International (NASDAQ:MDLZ) and D.E. Master Blenders (OTC:DEMBF) land conditional approval from the European Commission on their proposed merger after agreeing to divest a few brands in certain regions.
The newly-created Jacobs Douwe Egberts is expected to strike revenue of more than €5B ($5.56B).
Pierre Laubies will be the pure play coffee company's CEO.
Related news
Eggs are also becoming more expensive in the EU
According to data from the European Commission, the EU (EU27)’s…
Read more >
The European Commission has proposed to strengthen the competitiveness of the EU wine sector
The European Commission is proposing measures to improve the competitiveness…
Read more >
The European Commission recommends that EU citizens build up an emergency reserve
The European Commission says the current threats to the European…
Read more >Related news
SPAR spent 3.6 billion forints on the construction of a new supermarket in Szentendre
The country’s newest SPAR store was completed in Szentendre, at…
Read more >
Dreher introduces functional non-alcoholic beer
Dreher Breweries is introducing a non-alcoholic beer with a special…
Read more >
Zwack welcomes the wide-scale launch of Unicum Orange Bitter with a Mediterranean-inspired commercial
Starting this April, Zwack Unicum’s new drink, Unicum Orange Bitter,…
Read more >
