Competition Bureau negotiates a hold separate arrangement for Westway Holdings Canada Inc.
On March 20, 2003, the Commissioner of Competition entered into a consent agreement with Westway Holdings Canada Inc., to hold separate all assets and business being acquired from Tate and Lyle North American Sugar Ltd. with respect to its molasses operations. The consent agreement remained in force for 31 days to allow for the Commissioner to complete her review. Tate & Lyle was engaged in the business of storing and distributing molasses and molasses blended products, among other things. The proposed transaction closed on March 10, 2003.
