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Asda takeover 'may raise oil prices'
21-04-2021, 06:14 AM
Příspěvek: #1
Asda takeover 'may raise oil prices'
[Obrázky: _118122766_asdapetrolpump_pa.jpg]


Asda's sale to operators in front of the เล่น xo Issa brothers office could raise oil prices in parts of the UK, race watch dogs have warned.Competitive and marketing agencies meet. "Local competition concerns" about fuel in 37 areas in the UK.Zuber and Mohsin Issa and TDR Capital agreed to buy Asda for £ 6.8 billion last year. However, they also own 395 gas stations in the UK while Asda owns 323.The Issa brothers said they would work with the CMA to find a solution.

The deal to buy the UK's third-largest supermarket chain from Walmart owners in the US was announced in October last year.However, the CMA opened a preliminary hearing on the takeover in December to see what it would lead to. "A significant reduction in competition"?Following the initial discovery of the competition, buyers now have five business days to address concerns and avoid a more in-depth investigation.Joel Bamford, CMA's senior director of mergers and acquisitions, said,

Our job is to protect consumers by ensuring that there is fierce competition between gas stations, which results in fierce competition. The price at the pump is lower.Asda: How to buy a £ 6.8 billion supermarket for £ 780m.These are the two major players in the market and it's important that we analyze the deals thoroughly to make sure people don't overpay.We are now concerned that the merger could cost more motorists in some areas of the UK,"

however, if companies can provide a clear solution to address our concerns, we will not take action. In - Phase 2 in-depth investigation A spokesperson for the Issa Brothers and TDR Capital said, “We will work creatively with the CMA over the next 10 days to achieve satisfactory results for all parties within Phase I.This will ensure a welcome welcome for our colleagues, suppliers and customers and help us move forward with exciting plans for investment and growth at Asda.
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14-08-2021, 07:28 PM
Příspěvek: #2
RE: Asda takeover 'may raise oil prices'
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19-11-2021, 03:11 PM
Příspěvek: #3
RE: Asda takeover 'may raise oil prices'
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14-05-2022, 12:10 AM
Příspěvek: #4
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