Competition watchdog puts Greencore’s £1.2bn swoop for Bakkavor under microscope

Supermarket sandwich maker Greencore’s £1.2 billion takeover deal for rival Bakkavor is being scrutinised by the UK’s competition watchdog (Alamy/PA) -

Supermarket sandwich maker Greencore’s £1.2 billion takeover deal for rival Bakkavor is being scrutinised by the UK’s competition watchdog.

The Competition and Markets Authority (CMA) said it was looking at possible competition concerns about the takeover, which will create a food-to-go giant with around 30,500 staff.