Dairy Crest Milk Business Sale Referred Back To UK's CMA

Dairy Crest Group Plc said the sale of its dairy operations was being referred back to the UK Competition and Markets Authority (CMA) by the European Commission for review.

Britain's largest dairy food company said the deal to sell the operations to Müller UK & Ireland Group remained on track.

"It has always been our preference for the transaction to be reviewed in the UK, so we welcome this referral back to the CMA as a positive step," Chief Executive Mark Allen said in a statement.

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