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
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