Greencore Clears Key Hurdle in Bakkavor Deal
4 Articles
4 Articles
Greencore-Bakkavor Deal Set To Get Green Light From Competition Regulator
Two weeks after the Competition and Markets Authority (CMA) raised concerns about Greencore’s proposed £1.2bn acquisition of rival Bakkavor, the regulator has accepted in principle the “remedies” put forward by the businesses. Both companies are major suppliers to the supermarket (more…) The post Greencore-Bakkavor Deal Set To Get Green Light From Competition Regulator appeared first on KamCity.
Proposed remedy to competition concerns to be accepted in Greencore’s purchase of rival
The UK’s Competition and Markets Authority (CMA) has accepted, in principle, a proposed remedy to competition concerns for Greencore’s acquisition of Bakkavor, which aims to create a leading convenience food business. Though Greencore, which has its UK office in Worksop, stressed that 99% of the revenues of the combined business were not an issue for […]
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