Chinese regulators have approved U.S. chemicals group DuPont's (DD.N) $6 billion acquisition of Danish food ingredients and enzymes producer Danisco (DCO.CO), completing all the necessary clearances, DuPont said on Friday. Clearance by China was the last major regulatory hurdle after U.S. and European Union regulators approved the friendly takeover announced in January. "All regulatory conditions have now been met and the fully-financed tender offer can be completed on April 29, 2011," DuPont said in a statement. But the deal has yet to win approval from Danisco shareholders.
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