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Mérieux NutriSciences-Bureau Veritas AsureQuality deal cleared in Australia

( April 4, 2025, 00:03 GMT | Official Statement) -- MLex Summary: Food safety-testing services provider Mérieux NutriSciences’ bid to acquire 51 percent of Bureau Veritas AsureQuality has been cleared in Australia, with the country's competition watchdog announcing that the merged company would be competitively constrained by other businesses operating in the market. In an analysis published on its website, the Australian Competition & Consumer Commission also found that MXNS and BVAQ would likely be constrained by the threat of new entry and expansion, including from suppliers of adjacent testing services and the ability of some large customers to increase their internal capability and self-supply certain food-testing services.The Australian Competition & Consumer Commission's full statement follows: ...

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