Brief: UK's CMA Finds Boparan/ Forfarmers' Burston Feed Mill Deal Could Lead To Competition Concerns

ForFarmers NV

06/11/2024 07:20

Nov 6 (Reuters) - UK'S CMA:
    * UK'S CMA - BOPARAN'S DEAL TO BUY FORFARMERS' BURSTON FEED
MILL
COULD LEAD TO FARMERS IN EAST ANGLIA PAYING HIGHER PRICES TO
FEED THEIR POULTRY
    * UK'S CMA - AS A RESULT OF TRANSACTION, BOPARAN WOULD HAVE
ABILITY AND INCENTIVE TO HARM RIVAL POULTRY MEAT PRODUCERS
    * UK'S CMA - DID NOT FIND COMPETITION CONCERNS IN RELATION
TO
SECOND FEED MILL SITE BOPARAN IS PLANNING TO ACQUIRE IN RADSTOCK
    * UK'S CMA - FORFARMERS AND BOPARAN HAVE 5 WORKING DAYS TO
SUBMIT
PROPOSALS TO ADDRESS CMA'S CONCERNS
    * UK'S CMA SAYS DEAL COULD LEAD TO REDUCED COMPETITION IN
LOCAL
AREA AROUND BURSTON

Source text:  ID:nRSF1481La 
Further company coverage:  FFARM.AS 

 ((Reuters.Briefs@thomsonreuters.com;))