EU Extends Antitrust Review Of Unilever/Sara Lee To Oct 22
27 August 2010 - 7:20PM
Dow Jones News
The European Commission Friday extended the deadline for its
antitrust review of Anglo-Dutch consumer goods giant Unilever PLC's
(ULVR.LN) EUR1.28 billion acquisition of Sara Lee Corp.'s (SLE)
personal care unit by 13 working days.
It will now make its decision by Oct. 22, from Oct. 5
previously, according to its Web site.
The commission launched an in-depth inquiry into the proposed
acquisition in June after an initial market inquiry revealed
potential antitrust concerns on a number of products including
deodorants and fabric care.
-By Carolyn Henson, Dow Jones Newswires; +32 2 741 1481;
carolyn.henson@dowjones.com
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