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EU: Regulators extend Mondelez coffee deal review to June 1

By  |  February 23, 2015

European Union antitrust regulators have extended their review of a proposed coffee merger by Mondelez International and D.E. Master Blenders 1753 until June 1 after the companies asked for more time.

The European Commission opened an extensive probe into the deal in December, concerned that it might reduce competition.

The proposed merger would bring together Mondelez’s grocery coffee brands such as Carte Noire and Tassimo with D.E. Master Blenders’ L’OR, Pilao and Senseo brands.

The EU competition watchdog rejected concessions offered by the companies because they did not allay regulatory worries.

 

Full Content: Reuters

 

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