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The Nexus
BUSINESSJun 16 · 08:34 UTCTHE GUARDIAN WORLDJulia Kollewe

Kingsmill owner cleared to create UK’s biggest bread brand with Hovis takeover

Associated British Foods (ABF) has been cleared by the Competition and Markets Authority (CMA) to acquire Hovis, creating the UK’s largest bread brand. The CMA determined that ABF’s bakeries arm would likely exit the UK market if the £75m deal did not proceed.

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Associated British FoodsorganizationHovisorganizationKingsmillorganizationCompetition and Markets Authorityorganization£75m dealtopic
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