Danish authorities slow Arla/Campina deal
THE NETHERLANDS/SWEDEN/DENMARK – Arla Foods and Campina have put back their proposed merger.
It has emerged that before the merger can be presented to the companies’ boards, it will have to be referred to Danish authorities.
As a result, both companies have decided to postpone the merger vote, which was previously scheduled for 6 April. The proposal will now be put forward for the vote towards the end of April.
Arla chairman Knud Erik Jensen has admitted that they have simply run out of time. He said: “We had a tight timetable for the merger process. We cannot, however, provide the necessary

