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UK watchdog raises competition concerns over Greencore-Bakkavor deal

Proposed £1.2bn takeover of Tesco, M&S, Sainsbury’s, Waitrose and Asda supplier is being examined by CMABusiness live – latest updatesGreencore’s £1.2bn deal to buy Bakkavor is under the spotlight after the competition watchdog said the tie-up between Britain’s biggest sandwich maker and its rival could harm competition.Greencore struck a deal in April to buy its rival Bakkavor, which supplies pizzas, salads and other snacks to leading supermarkets such as Tesco, Marks & Spencer, Sainsbury’s, Waitrose and Asda. Continue reading...

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