Regulator rules that robust competition in low-price retailing means £55m acquisition will not harm consumers[br]Poundland has received final clearance for the £55m takeover of its single-price rival 99p Stores after the competition regulator withdrew early objections that the deal could be nasty for consumers.
The ruling by the Competition and Markets Authority gives Poundland the all-clear to complete the takeover more than six months after it was announced. Continue reading...
Source: theguardian.com