Nortera no-close order freezes deal pending Canadian challenge on merits
By Flavia Fortes ( September 29, 2026, 20:46 GMT | Comment) -- Canada's Competition Tribunal's order keeping Nortera Foods' acquisition of B&G Foods Canada's Green Giant and Le Sieur businesses from closing offers an early test of how the country's strengthened interim-merger procedures can shape the practical balance of a challenge. By preserving the premerger market while the case proceeds, the order leaves the Competition Bureau able to seek a meaningful prohibition or remedy rather than pursue the more difficult task of unwinding an integrated transaction.Canada's Competition Tribunal's order keeping Nortera Foods' acquisition of B&G Foods Canada's Green Giant and Le Sieur businesses from closing offers an early test of how the country's strengthened interim-merger procedures can shape the practical balance of a challenge....
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