Regulators could block Co-op’s takeover of rival

Regulators could block the takeover of Southern Co-operative by the Co-operative Group. The deal, agreed in April, could ‌reduce competition in some markets, says the Competition and Markets Authority. The companies have a week to offer legally binding undertakings to ​address its concerns. Southern Co-operative, based in Portsmouth, operates convenience stores – branded Food and […] The post Regulators could block Co-op’s takeover of rival appeared first on BusinessCloud.

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