September 4

Sweet deal under scrutiny as watchdog probes Refreshers maker’s sale

The competition watchdog is investigating a merger between the maker of Rowse Honey and one of the leading independent confectionersTangerine Confectionery, the maker of Dip Dabs and other household brands, was put up for sale in February by its owner the private equity giant Blackstone. Earlier this month, Rowse Honey owner Valeo confirmed that it had completed a takeover of the company, giving it an estimated value of more than £100m.Read more: Sweet farewell: Nooyi to step down after 12 years as Pepsi bossValeo has been building the confectionery side of business, with the recent acquisitions of Big Bear Confectionery and Candy Plus in 2017.Chief executive Seamus Kearney said that Tangerine’s brands, which also include Refreshers and Sherbert Fountain, were “highly complementary” to its current offering.But the competition and markets authority said today that it had served an initial enforcement order on Valeo and its subsidiary Rowse Honey. whatsapp More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comConnecticut man dies after crashing Harley into live bearnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com Alys Key Regulators will now carry out the first stage of investigating whether the merger could result in any substantial lessening of competition, before deciding whether to approve the deal or refer it for an in-depth probe.Read more: Vodafone in ‘exploratory talks’ to merge Australian arm with rival TPG Wednesday 22 August 2018 3:59 pm Share whatsapp Sweet deal under scrutiny as watchdog probes Refreshers maker’s sale

Tags: , , , , ,
Copyright 2021. All rights reserved.

Posted September 4, 2021 by admin in category "ituwljvne

Leave a Reply

Your email address will not be published. Required fields are marked *