Business and people search

Competition authority to examine Heineken's Punch takeover

Alex Turner
Alex Turner
Editor
The Competition and Markets Authority (CMA) is to examine Heineken's takeover of Punch Taverns to see if it will result in "a substantial lessening of competition". Heineken and Patron Capital, using newco Vine Acquisitions as a bidding vehicle, have agreed a deal to buy Burton-upon-Trent-based Punch. Immediately on completion of the deal, Heineken will acquire from Patron a portfolio of around 1,900 Punch pubs with Patron retaining an additional 1,329 which it will run itself. The CMA has invited comments on the transaction, with... for the full story register now for free or login below...

Login to Read this Story


Latest Business News

 
TheBusinessDesk is a trading name of Regional Media Services Ltd.
A company registered in the UK, company number : 07111349 VAT Number : 124302954
Close