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News: WOW Australian Competition and Consumer Commission will not oppose bid from Metcash to...

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    July 21 (Reuters) - Australian Competition and Consumer Commission (ACCC):

    • Will not oppose bid from Metcash to acquire Home Timber & Hardware from Woolworths
    • Accepts Metcash undertaking paving way for Home Timber bid
    • Metcash undertakes not to discriminate against independent hardware retailers in favour of its own stores
    • Accepted undertaking as a condition for allowing the bid to proceed
    • Decision not to oppose bid was one the ACCC has given deep consideration to

 
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