The Swedish Competition Authority approves Cloetta’s acquisition of Candyking
The Swedish Competition Authority has today decided to permit Cloetta’s acquisition of Candyking. Closing of the acquisition is estimated to occur at the turn of April and May.On 17 February 2017, Cloetta announced that it had entered into an agreement to acquire Candyking Holding AB (”Candyking”). The acquisition of Candyking is subject to approval by the Swedish Competition Authority. The Swedish Competition Authority has today, 5 April 2017, decided to grant permission to the acquisition. The condition regarding the Swedish Competition Authority’s approval is thereby fulfilled. Closing