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2025-05-21 12:42:21
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finance.yahoo.com on Nostr: finance.yahoo.com ✍️ Greencore's proposed takeover of Bakkavor faces scrutiny ...



✍️ Greencore's proposed takeover of Bakkavor faces scrutiny from the UK's competition regulator, with concerns over potential job losses and market dominance.
👉 The deal would create a dominant player in the UK's private-label food-to-go and convenience categories
👉 The CMA is expected to review the deal for potential anti-competitive effects
👉 Job losses could be a roadblock to the deal, with up to 5% of the combined workforce potentially affected
👉 The combined entity would have increased firepower to set prices to retailers, potentially leading to lower on-shelf prices or increased profit margins

#DaltonPhilips #KarelZoete #PatrickCoveney #MikeEdwards #LeeMiley #AgustGudmundsson #LydurGudmundsson #UK #US #China #business

https://s.yimg.com/ny/api/res/1.2/E_vxKEdb84z_sEJWKan5oA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD03NjQ-/https://media.zenfs.com/en/just_food_692/9eb8212e39f39b809b555b385cb52256

https://finance.yahoo.com/news/greencore-tests-cma-mettle-takeover-123342092.html

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