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The European Commission has cleared the merger between Total Produce and Dole Foods.
Earlier this year Total Produce announced it was to combine with Dole Food Company under a newly created, US-listed firm called Dole plc.
In the United States, the waiting period under the US Hart-Scott-Rodino Antitrust Improvements Act of 1976 has already expired, meaning the deal just remains subject to approval by shareholders, “market conditions and other customary conditions,” according to a statement from Total Produce.
To read the rest of the story, please go to: Independent