COMCO CONFIRMS CONCERNS OVER COOP DISTRIBUTIS DEAL
November 1st, 2007
BY MARK ROWE
SWITZERLAND'S competition and monopolies agency Comco has explained its concerns to just-food.com behind its launch of a four-month investigation into Swiss-based Coop's planned acquisition of Carrefour's stake in retailer Distributis AG amid concerns that the move may breach competition laws.
In August, Carrefour Group and Maus Frères jointly entered into an agreement with Coop to divest their respective stakes in Distributis AG for an equity value of 470 million Swiss francs (around |Euro 287 million).The joint-venture Distributis AG, 50% owned ...
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