SYDNEY, Nov 12 (Reuters) - Australian food manufacturer Goodman Fielder formally scrapped plans to sell its edible fats and oils business to food group Cargill after the Australian competition regulator continued to oppose the deal.
Goodman Fielder said it anticipated the decision and was restructuring the business.
(Reporting by Narayanan Somasundaram; Editing by Balazs Koranyi)
((narayanan.somasundaram@thomsonreuters.com; +61 29373 1815; Reuters Messaging narayanan.somasundaram.reuters.com@reuters.net)) Keywords: GOODMAN CARGILL/ (If you have a query or comment on this story, send an email to newsfeedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Goodman Fielder said it anticipated the decision and was restructuring the business.
(Reporting by Narayanan Somasundaram; Editing by Balazs Koranyi)
((narayanan.somasundaram@thomsonreuters.com; +61 29373 1815; Reuters Messaging narayanan.somasundaram.reuters.com@reuters.net)) Keywords: GOODMAN CARGILL/ (If you have a query or comment on this story, send an email to newsfeedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.