Kerry cleared for Golden Vale deal

Kerry Group has received approval from the Minister for Enterprise, Trade and Employment, Ms Harney, and the Office of Fair Trading…

Kerry Group has received approval from the Minister for Enterprise, Trade and Employment, Ms Harney, and the Office of Fair Trading in the UK for its offer for Golden Vale. The offer is being declared unconditional in all respects. Valid acceptances of the offer amounted to 90.8 per cent of the ordinary share capital of Golden Vale as of Wednesday, and Kerry will now compulsorily acquire all outstanding ordinary shares.

  • Join The Irish Times on WhatsApp and stay up to date

  • Sign up to the Business Today newsletter for the latest new and commentary in your inbox

  • Listen to Inside Business podcast for a look at business and economics from an Irish perspective