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Dutch Regulator Blocks Zwanenberg's Takeover of Unox Brand

A Dutch regulator does not allow Zwanenberg Food Group to take over Unilever's Unox brand.

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07:57:05 AM UTC
SquawkNews
Dutch market regulator ACM on Tuesday said it would not allow the takeover of Unilever's LSE:ULVR Dutch soup and sausage brand Unox by Zwanenberg Food Group.The ACM said Zwanenberg's position in Dutch supermarkets would become too dominant and could result in price hikes.