The European Commission has postponed its decision on whether to approve Danone’s proposed takeover of Dutch nutrition group Royal Numico.
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The delay has come to “market test” commitments given by the two companies, a spokeswoman for the Commission’s competition directorate told just-food.
Both companies are active in the production and sale of baby food and nutrition products and there could be anti-competitive aspects to the takeover.
However, both firms have given commitments to Brussels aimed at easing these concerns and these are now being explored by the Commission’s competition directorate.
The spokesperson said the 10-day postponement – until 31 October – did not necessarily imply that the merger was anti-competitive.
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By GlobalDataA Numico spokesperson told just-food the company still expected the deal to close by the middle of November.
