European Commission clears Total Produce-Dole deal
Topics: TOTAL PRODUCE DOLE
Total Produce is pleased to announce that the European Commission has now granted its clearance decision for the Transaction.
The waiting period under the U.S. Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the "HSR Act"), previously expired on 16 April 2021.
The European Commission clearance and the expiration, lapse or termination of the waiting period under the HSR Act constitute the two antitrust conditions under the Transaction Agreement, both of which conditions are now satisfied. The Transaction remains subject to approval by Total Produce shareholders, market conditions and other customary conditions. ■