Merger Update: Asda / Arthur (Co-op)

Start of CMA Merger Investigation: COMPLETED ACQUISITION BY ASDA STORES LIMITED OF ARTHUR FOODSTORES LIMITED FROM CO-OPERATIVE GROUP LIMITED

The Competition and Markets Authority (CMA) is considering whether it is or may be the case that this transaction has resulted in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation has resulted, or may be expected to result in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services. 

The CMA announced the launch of its merger inquiry by notice to the Parties on 17 January 2023 and has a deadline of 14 March 2023 for its phase 1 decision.