Diamond Foods announced that The Antimonopoly Committee of Ukraine has granted its approval to the company for its pending acquisition of the Pringles business from The Procter & Gamble Company.
Earlier this summer Diamond received clearances from US, UK and German authorities. With this announcement, Diamond has received all antitrust clearances required for the transaction.
On April 5, 2011, Diamond Foods announced the signing of a definitive agreement to acquire the Pringles business from The Procter & Gamble Company in a Reverse Morris Trust transaction valued at $2.35 billion. The transaction, expected to close by the end of this calendar year, remains subject to the satisfaction of other closing conditions, including approval of Diamond's stockholders.
The food business is hugely dependent on consumer demands. Andre Erasmus examines some changes in the #cooking fiel… https://t.co/MklYhdLBkV
.@AHDB_Potatoes' first provisional estimate of total production in GB for the 2016 crop year is 5.22 million tons… https://t.co/ObUrB3sLza
Asia-Pacific Is the Fastest-growing Region in the Industrial #Starch Market, according to @marketsmarkets… https://t.co/fVYO9xUnsz