Godiva purchase by Turkey's Ulker approved

Turkish Competition Board approved purchase of world chocolatier giant Godiva by Turkey's Ulker.

Godiva purchase by Turkey's Ulker approved

Board members convened on Thursday and approved Ulker's application regarding the purchase within the scope of the law on "mergers and acquisitions".

In December 2007, Ulker agreed with American Campbell Soup co. to buy Godiva for 850 million USD. Godiva has nearly 450 boutique stores in over 80 countries with an annual turnover of 500 million USD.

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Güncelleme Tarihi: 18 Şubat 2008, 13:50
YORUM EKLE