Cloetta and Leaf: Konkurrensverket approves merger

Stockholm / SE. (cab) As announced in December, Swedish confectionery company Cloetta AB entered into an agreement with Leaf Holding S.A. to purchase all shares in Leaf Holland B.V.. The acquisition of Leaf is conditional upon approval by the shareholders of Cloetta at an extraordinary general meeting and approval by the relevant competition authorities. The Swedish Competition Authority – Konkurrensverket – has now approved the merger of Cloetta and Leaf. The condition regarding approval by the relevant competition authorities is thus satisfied. An extraordinary general meeting will be held in Cloetta on February 15 in order for the shareholders of Cloetta to be able to approve the merger.