Press Announcement
29 September, 2008
Kerry Group to appeal decision of Competition Authority to block the Group's proposed acquisition of Breeo Foods
Kerry has filed a Notice of Appeal in the High Court against the decision of the Competition Authority of Ireland to prohibit the Group's proposed acquisition of Breeo Foods, a subsidiary of Irish based Reox Holdings plc.
On 13 March 2008, Kerry announced its agreement, subject to regulatory approval, to acquire Breeo Foods. On 29 August 2008, the Competition Authority announced its decision to prohibit the proposed acquisition.
-ENDS-
For further information please contact: |
Frank Hayes, Director of Corporate Affairs, Kerry Group plc. Tel no: +353 66 7182304 Fax no: +353 66 7182972 Kerry Web Site: www.kerrygroup.com |