Article: Natra, Barry Callebaut chocolate divisions merger fails.

Article from:
ADP News Spain
Article date:
September 10, 2009
Copyright

(ADPnews) - Sep 10, 2009 - Spanish food group Natra (MCE:NAT) and Swiss food company Barry Callebaut did not reach an agreement on the probable merger of their chocolate divisions, Natra said on Wednesday in a filing to the national stock market regulator CNMV.

According to a press release of the Swiss company, the reason for the failure of the talks is "a gap in the valuation of the two companies".

"Our strategic decision to exit the consumer ...

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