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- Though the final report on the investigation is not expected until April 24th, the CC "provisionally decided" to approve the acquisition, which values Makro at £140m.In a statement on Thursday morning, Booker said: "The Commission has reviewed the transaction and provisionally concluded that it does not expect it to result in a substantial lessening of competition at a national or local level."According to the CC website, the merged company would face "sufficient competition" from other...
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May 30, 2012 · The chief executive of Booker Group, which has agreed a deal worth nearly £140m to buy Makro UK, today revealed plans to return the troubled cash and carry retailer to profit within two years by...
May 30, 2012 · Booker has acquired Makro Cash & Carrry – the UK operations of Metro Group. The deal – a cash and shares purchase valued at around £140m – will see Metro take a 9.99% stake in Booker and the two companies form what they called a “strategic partnership agreement”.
Booker has agreed to buy Makro (the UK operation of German group Metro) for £139.7m in a cash and shares deal. The deal is a good opportunity for Metro to get rid of its Makro chain, which has suffered a 12% slump in sales since 2009.
Mar 14, 2013 · Cash and carry operator Booker Group's £140m takeover of Greater Manchester rival Makro is set to be cleared by the Competition Commission. The acquisition in July of Eccles-based Makro was...
Jun 2, 2012 · Booker snapped up Makro Cash & Carry UK in a cash and shares deal worth £140m this week - securing a tantalising tie-up with Metro Group, the world’s fourth-biggest retailer. Although Booker’s purchase of loss-making Makro did not come as a surprise, the terms of the deal did raise a few eyebrows.
May 30, 2012 · Cash and carry giant Booker today snapped up the ailing UK arm of arch rival Makro in a £140 million deal.
Feb 21, 2013 · Food wholesaler Booker Group has completed its acquisition of Eccles-based cash and carry business Makro UK. Booker last month announced plans to buy Makro UK from its German owner Metro in a...
