REG - Competition and Mkts - Merger Update: Asda/Arthur

WalmartAnnouncement

30/05/2023 17:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230530:nRSd0147Ba&default-theme=true

RNS Number : 0147B  Competition and Markets Authority  30 May 2023

Acceptance of Undertakings in Lieu of Reference

 

 

The CMA has today accepted undertakings in lieu of reference to Phase 2
givenby Asda Stores Limited, Asda Group Limited, Mr Mohsin Issa, Mr Zuber
Issa, and TDR Capital LLP (the Parties) under section 73 of the Enterprise Act
2002.  The completed acquisition by Asda Stores Limited of Arthur Foodstores
Limited from Co-operative Group Limited will therefore not be referred to
Phase 2 and the undertakings which have been signed by the Parties will come
into effect from this date.

 

The text of this decision will be placed on the Competition and Markets
Authority's website at https://www.gov.uk/cma-cases
(https://www.gov.uk/cma-cases) as soon as is reasonably practical.

 

In the event of media enquiries please email Press@cma.gov.uk
(mailto:Press@cma.gov.uk) .

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MERGRGDUXXXDGXG