UK Approves Merger Of Frozen Meal Giants

Law360, New York (October 25, 2011, 6:25 PM EDT) -- The U.K.'s competition investigator on Tuesday cleared the January merger of Kerry Foods Ltd. and Headland Foods Ltd. after determining that price increases after the acquisition were not a long-term problem and that the deal won't hinder competition in the frozen meals market.

In its provisional findings, the Competition Commission found that since the merger of the rival companies — which were the two biggest suppliers of frozen meals to the U.K. — several customers had been able to switch to other suppliers after Kerry told...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.