By David Olsen · 29 November 2010 · Locked
The Australia Competition and Consumer Commission is taking Metcash to court over its plans to acquire Franklins. Will the deal be blocked or will Metcash get the green light?
Metcash, owner of IGA supermarkets and Australia’s largest independent grocery and liquor wholesaler, welcomes Federal Court action by the Australia Competition and Consumer Commission opposing Metcash’s plans to acquire the Franklins supermarket chain for $215 million.
Tags: Accc, Andrew Reitzer, Franklins, Graeme Samuel, IGA, Metcash, Pick and Payless