Source: Australian Food News

The Australian Competition and Consumer Commission has announced that it does not intend to oppose Woolworths Limited’s proposed acquisition of The Cellarmasters Group.

The ACCC said it had concluded that the proposed acquisition would be “unlikely to substantially lessen competition given the presence of several significant competitors in wine retailing, production and associated services”.

To read the full story, follow the link www.ausfoodnews.com.au/2011/04/29/accc-not-to-oppose-cellarmasters-sale-to-woolies.html