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Goodman Fielder acquisition clears Chinese regulatory hurdle

2015-02-17 02:26:50| Food - Topix.net

The Chinese business regulator has given the green light for Wilmar International and First Pacific to acquire Australian food manufacturing major Goodman Fielder. Mofcom, the Anti-Monopoly Bureau of the Ministry of Commerce of the People's Republic of China, granted its approval under the China's anti-monopoly laws, meaning that only one more process of approval remains- from New Zealand's Overseas Investment Office-before the deal goes ahead.

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