Archive of all Competition and Markets Authority articles – Page 13
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NewsMedia Bites 22 Feb: Caffè Nero, John Lewis Partnership, Business rates
The billionaire owners of Asda are trying to launch an audacious raid on Caffè Nero by buying part of its £350m debt pile
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NewsAsda sales up 6.9% over Christmas in last Walmart era results
CEO Roger Burnley cites ‘strong growth’ in online as the standout factor
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NewsIssa brothers ‘complete’ Asda takeover deal
The deal is still dependent on receiving the go-ahead from the Competition & Markets Authority
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NewsCMA gives Diageo the green light to complete Chase acquisition
UK regulators have cleared Diageo’s acquisition of Chase Distillery after concluding the deal will not result in a “substantial lessening of competition”.
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NewsCity snapshot: EG Group to buy Asda forecourts for £750m
The Issa brothers and TDR capital have announced a financing package to underpin their £6.8bn acquisition of Asda from Walmart, which includes plans to sell the supermarket’s forecourts business and certain distribution assets. Plus, Jeff Bezos to step down at Amazon and all the rest of the latest news from the City.
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NewsOops opens larger third store as property team seeks new sites
The latest store, in St Helens, is about 10,000 sq ft, twice the size of each of the first two branches
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Comment & OpinionWith an IPO in the offing, what will Deliveroo do next?
Analysts predict an expansion of its dark kitchens offering, and on-demand grocery, is on the cards
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NewsCity snapshot: Deliveroo valuation surges to $7bn as it eyes IPO
Food delivery service Deliveroo has raised more than $180m (£133m) from its existing backers as it prepares for a potential stock market flotation.
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NewsDeliveroo plans expansion to reach two-thirds of UK population
Deliveroo will also be extending the reach of its services in all 150 of the towns already served
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NewsMedia Bites: Asda, Grocery sales, Retail evictions
The competition watchdog is investigating the £6.8bn takeover of Asda
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NewsCMA launches probe into Asda takeover by Issa brothers
The proposed £6.8bn takeover by brothers Mohsin and Zuber Issa was announced in October
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Analysis & FeaturesWhat will PAI do with Addo and Winterbotham Darby?
The PE firm aims to create the UK’s best value-added chilled food company
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NewsCMA fast-track Crowdcube merger with Seedrs straight to in-depth phase 2 investigation
The UK’s competition watchdog has kicked off an in-depth investigation into the merger of crowdfunding platforms Crowdcube and Seedrs after finding causes for concern.
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NewsSupermarkets’ NI trusted trader scheme branded ‘anti-competitive’
The government is in discussions with the EU about a ‘trusted trader scheme’ for supermarkets in Northern Ireland
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NewsOnly 10 to 15 forecourts at risk in Asda-EG Group deal, claim experts
The number of forecourts at risk in a CMA review of the Asda buyout by EG Group’s owners barely reaches double figures
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NewsCity snapshot: CMA clears brewing merger between Marston’s and Carlsberg
The UK competition regulator has cleared the £780m merger of Marston’s and Carlsberg’s UK brewing operations. Plus UK GDP growth slows to 2.1% in August and all the rest of the latest news in the City.
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ProfilesWe are our own bosses now, no longer part of Walmart, says Asda CFO
Asda chief financial officer Rob McWilliam tells us everything we want to know following today’s announcement
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Analysis & FeaturesWhy does EG Group want to buy Asda and what will it do with it?
The deal with TDR Capital and the Issa brothers would put raw entrepreneurship and ambition in the driving seat at Asda
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Comment & OpinionAsda EG Group combo will reverberate through the grocery sector
With combined sales of £40bn, it will be the UK’s second-biggest retailer (by sales)
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Analysis & FeaturesHow discounter B&M broke into the FTSE 100
B&M was loss-making and relatively little known when Simon and Bobby Arora bought it in 2004. How have the brothers transformed it?