Archive of all Competition and Markets Authority articles – Page 13
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News
Media Bites 5 March: Deliveroo, Whisky, Amazon Fresh
Deliveroo has pressed the start button on a listing on the London Stock Exchange that is expected to value the loss-making food delivery business at more than $7bn
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News
Medina and Freshways confirm merger talks underway
The milk processors said they were discussing whether a potential merger could create the basis for ‘a viable long-term business’
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News
Media 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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News
Asda 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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News
Issa brothers ‘complete’ Asda takeover deal
The deal is still dependent on receiving the go-ahead from the Competition & Markets Authority
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News
CMA 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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News
City 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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News
Oops 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 & Opinion
With 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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News
City 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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News
Deliveroo 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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News
Media Bites: Asda, Grocery sales, Retail evictions
The competition watchdog is investigating the £6.8bn takeover of Asda
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News
CMA 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 & Features
What 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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News
CMA 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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News
Supermarkets’ 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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News
Only 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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News
City 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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Profiles
We 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 & Features
Why 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