date:Aug 18, 2012
The company has also received clearance of the proposed disposal from the French Anti-Trust Authority (Autorit de la Concurrence) on 2 August 2012.
Dairy Crest noted that all of the conditions to which the disposal of St Hubert was subject have now been satisfied and the disposal is expected to complete on 28 August 2012.
In July 2012, Dairy Crest has agreed to sell its French branded spreads business St Hubert, as a part of its plan to focus on UK dairy operations.
At that time, the company not