Archive of all Competition and Markets Authority articles – Page 39
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Comment & OpinionJudgment day now looms for Tesco-Booker
Now it is time for the industry to respond with its observations and objections
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NewsTesco-Booker merger investigation opened by CMA
The phase I investigation was launched today (30 May), with comments to be submitted by 13 June. A decision will follow on 25 July
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NewsMcColl's Jonathan Miller 'open to supply deal with Booker'
McColl’s CEO Jonathan Miller said he would be open to a supply deal with Booker
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NewsMedia Bites 22 May: McColl's, Tesco/Booker, M&S, Unilever, Coca-Cola
McColl’s CEO Jonathan Miller is eyeing a possible takeover of Tesco’s One Stop chain if the supermarket has to sell assets to get its Booker merger passed the CMA. Plus, the papers focus on the upcoming M&S results.
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NewsCity snapshot: Coca-Cola HBC revenues up 5.2% in first quarter
European Coke bottler Coca-Cola HBC saw revenues rise 5.2% at constant exchange rates in the first quarter driven by higher prices in emerging markets. Plus, strong first quarter sales growth at Refresco and Henkel, Diageo fights £107m tax demand and all the rest of the latest news from the City.
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NewsMedia Bites 11 May: Diageo, Aldi, Pret A Manger, Just Eat
Diageo, the drinks company behind Johnnie Walker, Smirnoff and Guinness, is to pay HMRC £107m under the “Google tax” crackdown aimed at multinationals.
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NewsJust Eat faces CMA in-depth inquiry into £200m Hungryhouse takeover
The CMA is worried that the loss of competition from the combination of the two companies could lead to worse terms for restuarants who use either of the takeaway services
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NewsCity snapshot: Record Kerrygold performance drives 9% revenues surge at Ornua
A record performance by Kerrygold has helped Irish dairy group Ornua increase revenues 9% in 2016 to €1.8bn. Plus, Compass announces its first-half results; the CMA is to investigate the Just Eat takeover of Hungryhouse; Ahold Delhaize reports it Q1 results; and Eagle Eye appoints a new COO
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Comment & OpinionTesco and Booker should provide more clarity on deal
Uncertainty over the Tesco-Booker deal is inevitable given the unprecedented nature of the deal
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NewsBooker retailers undecided on merits of Tesco merger
The majority of Booker retailers don’t know what to think about the deal
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Analysis & FeaturesThe big six issues facing Tesco
551497Tesco is looking more upbeat on sales growth, but it is still up against a torrid landscape of challenges
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NewsMedia Bites 13 April: Tesco, WH Smith, Lidl
“Tesco puts (much of) its past behind it” is the headline in The Times (£) this morning as the papers absorbed Tesco’s first UK sales growth for six years and a plunge in its share price.
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Analysis & FeaturesTesco results: what the analysts say
Tesco’s UK-like-for-like sales were up 0.9% in the year – its first reported full-year growth for seven years. Here’s how analysts have reacted
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NewsMedia Bites 10 April: Tesco, Unilever, BrewDog, ABF, McCormick/Reckitt
Tesco gets some heavy coverage this weekend ahead of its latest annual results on Wednesday. Plus, Unilever continues to generate interest from the papers; and BrewDog sells a 22% stake to a US private equity house for £213m, valuing the brewer at £1bn.
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Analysis & FeaturesEdgy shareholders won’t scupper Tesco-Booker deal – but they can make it difficult
Two high profile investors have written to the firm to try and block the deal, although the threat is miniscule, the supermarket giant could do without their intervention
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NewsTesco fraud fine and agreement: what the analysts say
Analysts react as Tesco reaches agreement with the SFO
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News99p Stores falls into administration
Poundland has placed 99p Stores into administration a little more than two years after the fixed-priced retail chain snapped up 250 stores from its rival
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NewsNFRN calls on CMA to investigate fairness in news supply chain
Trinity Mirror plans to increase the weekday cover price of the Daily Mirror but cut the margin retailers receive…
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Comment & OpinionCrumbs from Tesco's table?
The idea that an independent would be prepared to act as an unpaid labourer for Tesco is unforgivably insulting