Archive of all Competition and Markets Authority articles – Page 33
-
NewsCMA launches investigation of Refresco £1bn acquisition of Cott
Refresco’s $1.3bn (£1bn) acquisition of the bottling operations of Canadian drinks manufacturer Cott is to be scrutinised by the UK monopoly watchdog.
-
NewsCity snapshot: Tesco and Booker expect CMA decision on £3.7bn merger this week
The Competition and Markets authority is expected to unveil its provisional findings on the £3.7bn Tesco takeover of wholesaler and cash & carry operator Booker this week. Plus, the CMA is considering whether the £1bn takeover of Cott’s bottling operations, which includes the business in the UK, by Refresco will lessen competition in the sector.
-
NewsP&H would need to "restructure" if it lost Tesco contract
The delivered wholesaler made the admission during a hearing with the Competition & Markets Authority
-
Comment & OpinionThe Co-op isn’t ailing. But it needs to stretch its wings
A casual observer of today’s grocery market share figures from Kantar would conclude that the Co-op is struggling
-
NewsCity News: Booker shares steady ahead of CMA decision
The City was unmoved by a healthy first half at Booker as investors awaited the preliminary decision by the CMA
-
NewsMedia Bites 13 October: Booker, WH Smith, Just Eat
Financial results from Booker and WH Smith are examined by today’s papers, along with the CMA decision on the Just Eat acquisition of Hungry House.
-
NewsCity snapshot: Burton's profits sink in declining biscuit category
Underlying profits have more than halved as sales slumped yet again at Jammie Dodgers maker Burton’s Biscuits.
-
NewsJust Eat shares jump as CMA paves way for £200m Hungry House takeover
Shares have soared more than 6% at takeaway delivery service Just Eat after the Competition and Markets Authority (CMA) gave the £200m takeover of Hungry House the all clear.
-
NewsCity snapshot: Healthy first half for Booker as it awaits CMA verdict on Tesco merger
Profits at Booker leapt 9% in the first half as the wholesaler increased revenues by 2.5% to £2.6bn despite a declining tobacco market. Plus, the travel arm of WH Smith overtakes the high street for the first time as the retailer announced full-year results; and the CMA gives the green light to Just Eat for the £200m takeover of Hungry House
-
NewsCity snapshot: P&G denies activist investor Trian a board seat in proxy battle
Procter & Gamble looks to have successfully fended off the attempt by activist investor Nelson Peltz to win a seat on the consumer giant’s board after one of the biggest ever proxy battles witnessed in the US
-
NewsCo-op’s £143m bid for Nisa to be put to the vote by members
It’s up to members now to decide as Nisa recommends Co-op’s offer
-
NewsMedia Bites 9 October: Fox's Biscuits/Burton's, 2 Sisters, Bread Holdings, P&G
The poultry tycoon whose business has been hit by allegations of food safety breaches is in talks about a merger of Fox’s Biscuits and the owner of rival brand Jammie Dodgers, according to Sky News.
-
NewsWholesalers unite to urge CMA to block Tesco-Booker deal
Wholesalers warn merger would harm suppliers and result in higher prices
-
NewsMedia Bites 6 October: Tesco, Unilever, Accrol
Tesco remains in the news as the papers continue coverage of the fraud trial, the aftermath of Wednesday’s results and the ongoing CMA investigation into the Booker merger.
-
Analysis & FeaturesTesco first half results: What the analysts say
Tesco has declared its turnaround “firmly on track” after posting a 27.3% jump in group operating profit before exceptional items and its seventh consecutive quarter of sales growth
-
NewsCity snapshot: Tesco hails turnaround as first half profits jump 27.3%
Tesco has declared its turnaround “firmly on track” after positing a 27.3% jump in first half group operating profit before exceptional items and its seventh consecutive quarter of sales growth. Plus, McColl’s founder James Lancaster steps away and all the rest of the latest news from the City
-
NewsDawn Meats and Dunbia merger receives regulatory green light
Dawn Meats and Dunbia have completed the merger of their UK businesses after receiving the go-ahead from the UK’s Competition and Markets Authority.
-
NewsCity snapshot: Imperial Brands in late-night talks over Palmer & Harvey rescue deal
Tobacco giant Imperial Brands (IMB) confirmed it was involved in late-night talks last night over a rescue deal for wholesaler Palmer & Harvey. Plus, Produce Investment boosts sales despite difficult year for potato grower; the CMA finds competition concerns in Vision Express takeover of Tesco Opticians; and SSP Group reports strong fourth quarter
-
NewsTulip expands UK base with acquisition of Easey Holdings
Danish Crown-owned Tulip completed the acquisition on 8 September, subject to CMA approval
-
NewsNisa members would prefer Sainsbury's deal to Co-op
Nisa members would prefer a sale to Sainsbury’s than the Co-op, an exclusive new poll for The Grocer has found