EU regulators likely to clear Novozymes, Chr. Hansen deal, sources say

Chr Hansen Holding A/S

06/12/2023 15:28

BRUSSELS, Dec 6 (Reuters) - EU antitrust regulators are
likely to clear the tie-up of Danish food ingredients and
enzymes makers Novozymes  NZYMb.CO  and Chr. Hansen  CHRH.CO 
based on remedies offered to address competition concerns, two
people with direct knowledge of the matter said on Wednesday.
    Novozymes, which makes enzymes for household products, food
and beverages and biofuels, and Chr. Hansen, an enzyme maker for
the food sector, last month offered to sell part of the combined
company's global lactase enzyme business, saying that a buyer
had already been found.

 (Reporting by Foo Yun Chee; Editing by Kirsten Donovan)
 ((foo.yunchee@thomsonreuters.com; +32 2 585 2866; Reuters
Messaging: foo.yunchee.thomsonreuters.com@reuters.net))