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UK approves MD/Arla merger

Press Release   •  Feb 25, 2000 09:53 CET

Following Britain's Office of Fair Trading's approval of the merger between Arla and MD Foods, five countries have now approved the establishment of the new Arla Foods. After the UK, Germany, Denmark, Finland and Norway, only the competition authorities of Sweden and Greece have yet to submit their decision on the proposed merger.

After the two companies decided to join forces last year, the seven countries, in which Arla or MD Foods hold substantial market shares, were asked to approve the merger. The Danish competition authorities delivered their decision in favour of the merger in January, while Sweden's Competition Council is expected to announce its verdict before April 10.