UK's CMA accepts Heineken/Punch pub sales
Before the merger was referred for a further in-depth investigation, the companies were given the opportunity to offer proposals to address these concerns.
Heineken has offered to sell pubs in each of the affected areas to preserve competition and ensure customers in these locations do not lose out.
Before reaching a final decision, the CMA carefully assessed and consulted publicly on these proposed undertakings.
The CMA is satisfied that its concerns have been addressed and has therefore decided that the merger will not be referred for an in-depth phase 2 investigation. ■