Australia’s ACCC has decided that Coles Supermarkets must not proceed with its proposed acquisition of a leasehold interest for a new supermarket and liquor site. The regulator’s intervention suggests heightened approval/competition hurdles for the planned transaction, which may delay or require deal restructuring.
Australia’s ACCC has decided that Coles Supermarkets must not proceed with its proposed acquisition of a leasehold interest for a new supermarket and liquor site. The regulator’s intervention suggests heightened approval/competition hurdles for the planned transaction, which may delay or require deal restructuring.
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