The Competition and Markets Authority’s decision came after it launched a preliminary inquiry last month.

The Competition and Markets Authority said it wouldn’t refer the merger to a more in-depth investigation after it launched an initial probe.

Danone (ENXTPA:BN) and Arcor have completed a joint venture in Argentina that combines their local dairy operations into a single integrated business. The new platform aims to improve product development, supply chain coordination and market reach across the Argentinian dairy sector. Danone will now report the Argentinian dairy activities under an equal control structure, reflecting shared governance of the joint venture. This kind of regional partnership is one way large consumer companies...

SJM vs. DANOY: Which Stock Is the Better Value Option?

Danone SA (DANOY) reports robust like-for-like sales growth and improved operating margins, while navigating regional challenges and expanding its health-focused portfolio.

Japan drove demand for Oikos and Activia brands, as global sales grew 4.2% on a like-for-like basis in the second quarter.

The U.K. antitrust watchdog launched an initial merger probe into the proposed acquisition of Huel to examine whether the deal would lessen competition in the country.

The launch comes after early success for the brand’s milk line, underscoring interest among younger consumers in plant-based options loaded with the popular nutrient.