NewsBot
24-Jan-23, 00:00
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:
ASDA MERGER PROMPTS FRESH GMB CALLS TO EXTEND CMA POWERS
Merger raises the spectre of a private equity black hole on the UK high street, says GMB Union Asda merger talks which could see the company combine its petrol and supermarket divisions have prompted fresh calls from GMB to expand the powers of the competition and markets authority (CMA). The billionaire owners of Issa brothers are exploring a merger of the supermarket and their UK petrol forecourts business in a blockbuster deal that would create a retail giant worth more than £10 billion. [Read Full Article (https://caithness-business.co.uk/article/19058)]
ASDA MERGER PROMPTS FRESH GMB CALLS TO EXTEND CMA POWERS
Merger raises the spectre of a private equity black hole on the UK high street, says GMB Union Asda merger talks which could see the company combine its petrol and supermarket divisions have prompted fresh calls from GMB to expand the powers of the competition and markets authority (CMA). The billionaire owners of Issa brothers are exploring a merger of the supermarket and their UK petrol forecourts business in a blockbuster deal that would create a retail giant worth more than £10 billion. [Read Full Article (https://caithness-business.co.uk/article/19058)]