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Competition Commission approves Mrs Ball’s acquisition

6th March 2013

By: Creamer Media Reporter

  

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JSE-listed Tiger Brands on Wednesday announced that the Competition Commission has unconditionally approved its R475-million acquisition of the Mrs Ball’s chutney brand from the South African unit of global consumer goods group Unilever.

The deal, which was announced on December 7, last year, was now “unconditional in all respects”, it stated.

Tiger Brands would acquire the Mrs Ball’s business with effect from April 1.

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Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

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