The Latest Breaking News from CMA

CMA says merger of pastry makers Cerelia and Jus-Rol could push up prices and reduce quality

The CMA has given both companies until November 25 to give their response to the provisional findings

Birmingham Post · Nov 4, 2022

Asda confirms purchase of 132 Co-op sites across the UK in £600million deal

They have legally completed the takeover, yet the sale remains subject to approval

Liverpool Echo · Oct 31, 2022

Asda completes £600m deal to buy Co-op's petrol forecourt business

The Co-op said proceeds from the sale will be reinvested into its core convenience shops, pricing, stores operations and reducing its debt burden

Birmingham Post · Oct 31, 2022

Bank is taking a risk in cracking on with first QT sale

Longer delay might have been mildly embarrassing but would be the safer approach

The Guardian - UK · Oct 18, 2022

Meta Accepts UK Order to Sell Giphy after Antitrust Battle

Britain's competition regulator has ordered Facebook-owner Meta to sell animated-images platform Giphy on Tuesday after a tribunal upheld its view that the acquisition could damage its rivals and remove a potential competitor in advertising. Meta said it would accept the Competition and Markets Authority's (CMA) order to unwind the 2020…

Asharq Al-Awsat · Oct 18, 2022

Meta agrees to sell Giphy, ending battle with UK regulators

Facebook parent Meta says it will sell off Giphy after running out of options to thwart a ruling by U.K. regulators, who again found that the deal to buy the GIF-sharing platform would limit competition and innovation

The Independent UK · Oct 18, 2022

Meta suffers blow after being ordered to abandon $315 million Giphy takeover

Meta said it would not be contesting the decision

Evening Standard · Oct 18, 2022

Meta ordered to sell Giphy as UK competition watchdog confirms decision

The Competition and Markets Authority has reiterated a decision it first made last year.

The Independent UK · Oct 18, 2022

Facebook owner Meta to sell Giphy after UK watchdog confirms ruling

CMA says takeover of gif creation website limits choice for social media users

The Guardian - UK · Oct 18, 2022

Country to Country 2023 Dublin line-up confirmed as festival returns to 3Arena

The three-day showcase, due to take place next March 10, 11 and 12, will see Lady A, Zac Brown Band and Thomas Rhett headline

Irish Mirror · Oct 18, 2022