Antitrust regulators cleared Swiss vending services provider Selecta’s proposed acquisition of Dutch peer Pelican Rouge, subject to the divestment of all Selecta’s vending service activities in Finland.
The European Commission (EC) said in a statement on August 25 that it had found overlaps between the two businesses in Belgium, Finland, France, Ireland, the Netherlands, Spain, Norway and the United Kingdom.
However, with the exception of Finland, the EC found that the proposed acquisition would not have anti-competitive effects.
Selecta is controlled by private equity firm KKR.
Full Content: Reuters
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