2020-02-12

Commission Recommends the Conditional Approval of PepsiCo’s Acquisition of Pioneer Foods

South Africa’s Competition Commission found that the proposed transaction, which will result in significant public interest benefit for South Africa including the transfer of at least R1.6 billion in equity to workers, is unlikely to result ina substantial prevention or lessening of competition in any relevant markets.

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South-Africa

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Coronavirus outbreak costs China’s retail and food sectors billions Revenue lost in both retail and food services during the Lunar New Year week could range from 20% to 80%, representing a fall of $31 billion to $124 billion, as major chains shuttered stores across the country, Rabobank said in a report.

Commission Recommends the Conditional Approval of PepsiCo’s Acquisition of Pioneer Foods

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