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Bellis' purchase of Asda raises some competition concerns


Date Time
Bellis’ purchase of Asda raises some competition concerns
The Issa Brothers and private equity firm TDR Capital purchased Asda through jointly owned company Bellis. The Issa Brothers and TDR Capital also own EG Group, which operates 395 petrol stations in the UK, while Asda owns 323. Many of Asda’s and EG’s petrol stations are located in the same parts of the UK and the investigation by the Competition and Markets Authority (CMA) therefore focused on these overlaps.
The CMA has found that the deal raises local competition concerns in relation to the supply of road fuel in 36 areas across the UK and the supply of a specific type of fuel – called auto-LPG – in a further area. It is therefore concerned that the merger could lead to higher prices for motorists in these locations. ....

United Kingdom , Joel Bamford , Asda Group , Bellis Acquisition Company , Eg Group , European Commission , Markets Authority , Senior Director , Asda Group Limited , ஒன்றுபட்டது கிஂக்டம் , ஜோயல் பாம்போர்ட் , அட குழு , பெல்லிஸ் கையகப்படுத்தல் நிறுவனம் , எ.கா. குழு , ஐரோப்பிய தரகு , சந்தைகள் அதிகாரம் , மூத்தவர் இயக்குனர் , அட குழு வரையறுக்கப்பட்டவை ,