INTERNATIONAL – The US Department of Justice has given Cargill the green light to acquire French starch based ingredients firm Cerestar.

The move means Cargill can now continue with the purchase of a 56% holding in Cerestar from current stakeholders Montedison.

The European Commission has already cleared the move, but in February it was referred to the Competition Commission in the UK. A decision is expected in May, but Cargill has said that the Commission’s decision will not affect the deal.