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United Bakeries approved to be taken over by Agrofert

 |  April 23, 2012


The Office for the Protection of Competition has cleared Agrofert’s takeover of United Bakeries. United Bakeries is the nation’s biggest bakery group; Agrofert is the Czech Republic’s biggest agro-food group, which owns the nation’s second-largest bakery group, Penam. The watchdog’s approval is conditional upon Agrofert’s concessions, which have yet to be specified.

Full content: Czech Position


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