:. Food Industry News

Categories: Mergers and Acquisitions

EU Refers REWE Plus Discount Bid to Czech Watchdog

Source: Reuters
04/07/2008

Brussels, July 4 - The European Commission said on Friday it had referred the proposed acquisition Czech retailer Plus Discount by German retailer REWE to the Czech competition authority.

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"The Czech Competition Authority requested the Commission to refer the notified transaction to it because it considers that the transaction would affect competition in a number of local retail markets within the Czech Republic," the EU executive said in a statement.

Plus Discount, also known as Plus CZ, sells food and non-food items. REWE also handles travel and tourism.



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