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EU clears Sumitomo takeover of Fyffes

Mon, 06th Feb 2017 10:43

(ShareCast News) - Sumitomo Corporation's €751m (£646m) takeover of fruit distributor Fyffes has been cleared by the European Commission.AIM-Listed Fyffe's agreed to the deal last December.Fyffes shareholders are to receive €2.23 per share under the terms of the transaction.

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