Diamond Foods Receives Final Anti-Trust Clearance on Pringles Acquisition

augustus 03, 2011
Diamond Foods, Inc. (Nasdaq:DMND) today announced that The Antimonopoly Committee of Ukraine has granted its approval to Diamond Foods, Inc. for its pending acquisition of the Pringles business from The Procter &Gamble Company. Earlier this summer Diamond received clearances from U.S., U.K.and German authorities. With today's announcement, Diamond has received all antitrust clearances required for the transaction.

On April 5, 2011, Diamond Foods announced the signing of a definitive agreement to acquire the Pringles business from The Procter &Gamble Company in a Reverse Morris Trust transaction valued at $2.35 billion. The transaction, expected to close by the end of this calendar year, remains subject to the satisfaction of other closing conditions, including approval of Diamond's stockholders.
Like to receive news like this by email? Join and Subscribe!
Join Our Telegram Channel for regular updates!
Sponsored Content
Tomra - Leaderboard - 20240328

Uitgelichte Bedrijven

Sponsored Content

Sponsored Content
Sponsored Content
Sponsored Content
Sponsored Content

Waar

Sponsored Content