The European Commission has approved sugar producer Südzucker’s acquisition of control over UK-based sugar trader ED&F Man following a Phase II investigation. The key area of overlap related to the Italian sugar market and in order to gain merger approval the parties agreed to divest ED&F Man’s stake in a sugar refinery in Brindisi in the south of Italy. The divestment also involved transferring to the buyer of the stake the long-term contracts guaranteeing the supply of raw cane sugar to the refinery.
Lexology Index recognizes 44 CRA competition experts globally
This year, 44 CRA experts were named among the leading Competition Economists, with four recognized as Competition Future Leaders – Economists. This...