French Competition Authority also approves Aldi acquisition of two Casino stores.
- Regulator adds in Tuesday statement that, in 9 areas where competition concerns were identified, Aldi has agreed to sell 9 stores
- Overall, Autorité de la Concurrence says that deal wasn’t likely to significantly strengthen acquirer’s purchasing power vis-a-vis suppliers given Aldi’s and Leader Price’s combined low market share of national supply market
- NOTE: Groupe Casino owns Leader Price brand
- READ: March 20,
France’s Casino to Sell Discount Stores to Aldi for $790 Million
To contact the reporter on this story:
To contact the ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.