21st May 2026 12:13
Associated British Foods PLC - London-based food, ingredients and retail group - UK Competition & Markets Authority publishes an interim report on its probe into the planned acquisition of bread maker Hovis Group Ltd, through subsidiary ABF Grain Products Ltd. AB Foods announced the proposed merger in August, after a strategic review of its Allied Bakeries business. The CMA's inquiry group provisionally concludes that the merger may not be expected to result in a substantial limiting of competition in Northern Ireland for suppliers of bread and certain other bakery products. Read More