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BRIEF-UK's CMA Finds Boparan/ Forfarmers' Burston Feed Mill Deal Could Lead To Competition Concerns
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BRIEF-UK's CMA Finds Boparan/ Forfarmers' Burston Feed Mill Deal Could Lead To Competition Concerns
Nov 6, 2024 2:21 AM

Nov 6 (Reuters) - UK'S CMA:

* UK'S CMA - BOPARAN'S DEAL TO BUY FORFARMERS' BURSTON FEED

MILL

COULD LEAD TO FARMERS IN EAST ANGLIA PAYING HIGHER PRICES TO

FEED THEIR POULTRY

* UK'S CMA - AS A RESULT OF TRANSACTION, BOPARAN WOULD HAVE

ABILITY AND INCENTIVE TO HARM RIVAL POULTRY MEAT PRODUCERS

* UK'S CMA - DID NOT FIND COMPETITION CONCERNS IN RELATION

TO

SECOND FEED MILL SITE BOPARAN IS PLANNING TO ACQUIRE IN RADSTOCK

* UK'S CMA - FORFARMERS AND BOPARAN HAVE 5 WORKING DAYS TO

SUBMIT

PROPOSALS TO ADDRESS CMA'S CONCERNS

* UK'S CMA SAYS DEAL COULD LEAD TO REDUCED COMPETITION IN

LOCAL

AREA AROUND BURSTON

Source text:

Further company coverage:

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