Press Release: Mergers: Commission opens in-depth investigation into Unilever’s proposed takeover of Sara Lee Household and Body Care Business

Author (Corporate)
Series Title
Series Details IP/10/640 (31.5.10)
Publication Date 31/05/2010
Content Type

The European Commission has opened an in-depth investigation under the EU Merger Regulation into the planned acquisition by Anglo-Dutch consumer goods company Unilever of the body and laundry care businesses of Sara Lee Corp of the United States. The Commission’s initial market investigation indicates potential competition concerns on several product markets, including deodorants, skin cleansing and fabric care products. The decision to open an in-depth inquiry does not prejudge the final result of the investigation.

Source Link http://europa.eu/rapid/pressReleasesAction.do?reference=IP/10/640&format=HTML&aged=0&language=EN&guiLanguage=en
Subject Categories
Countries / Regions , ,