PepsiCo's takeover of Pioneer Food Group receives conditional approval
According to Reuters, South Africa’s Competition Commission has conditionally approved PepsiCo’s $1.7 billion acquisition of food and drinks producer Pioneer Food Group, saying it is unlikely to lessen competition in relevant markets.
According to Reuters, South Africa’s Competition Commission has conditionally approved PepsiCo’s $1.7 billion acquisition of food and drinks producer Pioneer Food Group, saying it is unlikely to lessen competition in relevant markets. PepsiCo struck a deal to buy South Africa’s Pioneer in July 2019.
The commission recommended that the Competition Tribunal, which makes the final decision, approve the merger subject to public interest commitments. Those include a moratorium on merger-related job cuts for a certain period and the creation of additional positions at the merged firm.
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FDA amends its procedures for dairy, infant formula firms exporting to China
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FDA announces qualified health claim for cranberry products and urinary tract infections
The U.S. FDA has announced in a letter of enforcement discretion that it does not intend to object to the use of certain qualified health claims regarding consuming certain cranberry products and a reduced risk of recurrent urinary tract infection in healthy women.
FDA announces qualified health claim for cranberry products and urinary tract infections
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EFSA seeks public comment on nutrient assessment framework
The European Food Safety Authority (EFSA) has released a draft approach that aims to harmonize assessments of the intake of these nutrients, the potentially hazardous properties of excessive intakes, and the overall risks for consumers.
