Archive of all Competition and Markets Authority articles – Page 33
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News
City snapshot: Pots & Co sells stake for £4.6m
Fast growing desserts supplier Pots & Co has sold a minority stake valuing the business at £36m. Plus a look at what else is in this week’s edition of The Grocer and all the latest news from the City.
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News
CMA dismisses Tesco-Booker merger impact on P&H collapse
Sources at the regulator stressed P&H had been facing financial issues for several years
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News
Tesco warns of tobacco shortages in wake of P&H collapse
Sainsbury’s said it was not expecting tobacco availability issues
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News
Charles Wilson criticises anti-merger 'little island' wholesalers
Rivals would have to up their game to succeed, Wilson told The Grocer in an exclusive interview
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Analysis & Features
Dave Lewis and Charles Wilson: the exclusive and uncut interview
With the CMA provisionally clearing the Tesco-Booker merger, platinum members can read an extended version of our exclusive Q&A ahead of this Saturday’s issue of The Grocer
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News
City snapshot: Naked Wines drives first half growth at Majestic
Majestic Wine has posted underlying first half sales growth of 4.2% and a return to profitability as its Naked Wines online business saw its US sales jump. Plus, platinum members can read the our full exclusive interview with Tesco’s Dave Lewis and Booker’s Charles Wilson, Remy Cointreau’s first half sales rise and all the rest of this morning’s news from the City.
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News
Groceries Adjudicator calls on Booker to be signed up to GSCOP
Suppliers fear the Tesco-Booker merger could see it circumvent the code in its buying arrangements with wholesale
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Comment & Opinion
Tesco-Booker a case of if you can't beat 'em, join 'em
But not in the old sense of selling up. It’s about forming a genuine partnership (or Faustian pact)
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Analysis & Features
Wholesalers ready to lay down in front of Tesco-Booker tanks
What prompted the CMA to give Tesco-Booker the all-clear? And can opponents still stop the new behemoth in its tracks?
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News
CMA ruling on Tesco Booker 'bodes well' for Co-op Nisa deal
The Co-op won 75.79% of Nisa members’ votes in favour of its acquisition proposition at a meeting this week
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Analysis & Features
Tesco-Booker targets Aldi and Amazon
Charles Wilson has claimed the CMA decision will allow the combined business to take the grocery war to Aldi and Amazon
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News
City snapshot: Snack brand Pipers hires advisers to ready for sale
Premium snack brand Pipers Crisps is eyeing up potential acquisition targets in the UK and overseas after hiring advisers to conduct a strategic review of the business, plus all the rest of the latest news from the City.
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News
Media Bites 16 November: Premier Foods, Tesco/Booker, P&G, wonky fruit
A recovery in the second quarter at Premier Foods delighted the newspapers yesterday.
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News
City snapshot: P&G admits activist investor Nelson Peltz ahead in proxy vote recount
The proxy battle at Procter & Gamble took another dramatic turn last night as activist investor Nelson Peltz looked to have won a seat on the board of the Oral-B maker, despite the US consumer goods giant claiming victory just a few weeks ago. Plus, CMA clear Just Eat acquisition of Hungry House.
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News
CMA bowed to Tesco-Booker pressure to include discounters in inquiry
The competition authority had originally excluded Aldi and Lidl from their competitor set
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News
City snapshot: CMA inquiry included Aldi and Lidl after Tesco-Booker pressure
The CMA backtracked amid pressure from Tesco and Booker to take the rise of the discounters into consideration in delivering its verdict on their proposed merger, The Grocer can reveal. Plus, Nissin partnership boosts first half performance at Premier Foods after strong second quarter and all the rest of the latest news from the City.
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News
Media Bites 15 Nov: Tesco/Booker, Grocery inflation, Sir Terry Leahy
“Booker rivals’ outrage over Tesco tie-up” is the leading business headline in this morning’s edition of The Times (£) as the media expresses shock at the CMA’s decision to green light the £3.7bn Tesco acquisition of Booker.
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News
Tesco £3.7bn Booker takeover gets green light from CMA
The UK’s competition regulators are sensationally set to approve Tesco’s £3.7bn takeover of Booker, without imposing conditions such as selling off hundreds of its stores
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News
Industry reaction to CMA provisional clearance of Tesco-Booker
It was no surprise that the Competition and Markets Authority cleared Tesco’s £3.7bn takeover of Booker, but that it did so without asking for any remedies has shocked many
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Comment & Opinion
Tesco-Booker debate all over bar the shouting (and screaming)
The CMA has decided that even beasts with such scale as Tesco and Booker did not have the power to damage competition even if they wanted to …