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​Taiwan FTC approves ITOCHU, FamilyMart deal

( September 24, 2014, 03:47 GMT | Official Statement) -- MLex Summary: The Taiwan Fair Trade Commission on Sept. 24 approved the proposed acquisition of a 37 percent stake in FamilyMart by ITOCHU Corporation. The FTC said the acquisition is not likely to lead to anti-competitive practices in the relevant markets including food material and convenience store chain. Therefore the overall economic benefits of the combination outweigh the restrictions on competition....

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