POST Online Media Lite Edition



 

UK's CMA accepts Heineken/Punch pub sales

Staff Writer |
In June, the Competition and Markets Authority (CMA) said that Heineken’s proposed purchase of part of the Punch Taverns estate could reduce competition in 33 local areas across Great Britain.

Article continues below






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.


What to read next

Heineken to acquire 1,900 pubs in UK from Punch
CMA: Heineken's proposals might remedy competition concerns
Heineken: Not so fluid acquisition