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Müller offers remedies to gain UK approval for dairy merger, CMA says

( June 26, 2015, 14:03 GMT | Official Statement) -- MLex Summary: Yogurt maker Müller UK & Ireland Group has offered concessions to address UK competition concerns about the company’s purchase of the milk and butter operations of food group Dairy Crest. Müller has offered to supply a certain amount of fresh milk to a “third-party dairy processor,” seeking to overcome concerns that the deal would lessen competition in some regions of the country. The company must enter into the proposed supply arrangements before the Competition and Markets Authority accepts the undertakings. The CMA has until Aug. 21 to decide on the remedies.Full statement follows:...

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