Competition authority approves Chipita-Nikas deal

Greeceā€™s Competition Commission on Wednesday announced the approval of an acquisition of Nikas by Chipita, saying the deal did not raise serious doubts over its compatibility with competition requirements in sectorial markets, since the deal will not create any overlap between the activities of the two companies.

The competition watchdog said the deal was not expected to have any adverse repercussions on competition from any possible group or combined sale practices.