The UK Competition Commission cleared the acquisition of 115 stores by one of the largest grocery retailers, subject to the divestment of 12 stores (Somerfield/Morrison)

The operation On 2 September 2005, the UK Competition Commission (CC) approved the acquisition by Somerfield plc (Somerfield) of 103 stores from Wm Morrison Supermarkets plc (Morrison) instead of the proposed 115. The merger followed divestment requirements related to Morrison's acquisition of Safeway. Somerfield is the fifth largest grocery retailer in the UK with a portfolio of 1,219 stores at the time of the

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.