Dutch regulator blocks Unox takeover

The Dutch market regulator has blocked Zwanenberg Food Group from acquiring Unilever brand Unox. The authority cited concerns over a dominant supermarket position and potential price hikes.

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Unilever logo is displayed in this illustration taken on January 17, 2022. REUTERS/Dado Ruvic/Illustration

Unilever will see its Unox brand buyout blocked after the Netherlands's antitrust regulator cited dominance risks. The regulatory roadblock threatens consumer goods reshaping efforts. It tests the food giant's multi-billion dollar divestment strategy.