- Title:
Merger Update: Asda/Arthur - Time:
16:00:01 - Date:
30 May 2023 - Category:
Acquisitions and alliances - ID:
0147B
Acceptance of Undertakings in Lieu of Reference
The CMA has today accepted undertakings in lieu of reference to Phase 2 givenby Asda Stores Limited, Asda Group Limited, Mr Mohsin Issa, Mr Zuber Issa, and TDR Capital LLP (the Parties) under section 73 of the Enterprise Act 2002. The completed acquisition by Asda Stores Limited of Arthur Foodstores Limited from Co-operative Group Limited will therefore not be referred to Phase 2 and the undertakings which have been signed by the Parties will come into effect from this date.
The text of this decision will be placed on the Competition and Markets Authority's website at https://www.gov.uk/cma-cases as soon as is reasonably practical.
In the event of media enquiries please email [email protected].
Merger Update: Asda/Arthur16:00:0130 May 2023Acquisitions and alliances0147B