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Proposed takeover of OldTown by JDE 'not anti- competitive', says CCS

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Published Tue, Jan 30, 2018 · 09:50 PM

Singapore

THE Competition Commission of Singapore (CCS) has cleared the proposed acquisition of OldTown Berhad by global coffeemaker Jacobs Douwe Egberts Holdings Asia NL BV (JDE Asia).

This proposed deal will result in JDE Asia's parent firm JDE having sole control over OldTown.

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