ACCC will not oppose the proposed acquisition of three Supa IGA stores in WA by Coles
M2 - Thu Sep 18, 3:07AM CDT
The Australian Competition and Consumer Commission has announced that it will not oppose the proposed acquisition of three Progressive Supa IGA supermarkets by Coles/Wesfarmers (ASX: WES). Metcash Limited (ASX: MTS) has a 45 per cent interest in the Progressive supermarkets.
MTS: 16.63 (+0.03), WES: 71.50 (+0.18)
ACCC calls for comment on proposed acquisition of Supa IGA stores in WA by Coles
M2 - Thu Jul 10, 3:39AM CDT
The Australian Competition and Consumer Commission has released a Statement of Issues outlining potential competition concerns with the proposed acquisition of four Progressive Supa IGA stores by Coles Supermarkets Australia Limited from Progressive Trading Pty Ltd. Metcash Limited (ASX: MTS) is listed on the ASX and has a 45 per cent interest in Progressive Trading Pty Ltd.
MTS: 16.63 (+0.03)