Sobeys bags Safeway after agreeing to divestitures
The Competition Bureau has announced that it has entered into a consent agreement with Sobey’s which addresses the Bureau’s concerns arising from Sobeys’ proposed acquisition of substantially all of the assets of Canada Safeway. During the merger review process, the Bureau concluded that the proposed merger would likely lead to a substantial prevention or lessening of competition in retail supply of a full-line of grocery products in certain areas in Western Canada. As a result, the consent agreement calls for Sobey’s to divest 23 grocery stores businesses in the affected areas of Alberta, British Columbia, Manitoba, and Saskatchewan. The relevant product ... [more] Full article
Agrium agrees to divestitures to get ok to acquire Viterra’s retail agricultural business
The Competition Bureau has announced that they have entered into a consent agreement with Agrium which addresses the Bureau’s concerns arising from Agrium’s proposed acquisition of the majority of Viterra Inc.’s ... [more] Full article
Metal merger not anti-competitive, Bureau says
Samuel, Son & Co. Limited can complete its acquisition of Wilkinson Steel and Metals Inc. after the Competition Bureau announced that it does not intend to challenge the deal. Samuel ... [more] Full article
Leon’s acquisition of The Brick not anti-competitive, Bureau says
The Bureau announced that it does not intend to challenge the acquisition of The Brick Ltd. by Leon’s Furniture Limited. The Bureau’s investigation revealed that while both parties are incredibly ... [more] Full article