Woolworths’ deal with PFD Food Services comes under ACCC’s scanner
The Australian Competition and Consumer Commission (ACCC) said that retailing giant Woolworths Group’ proposal to acquire 65% stake in foodservice distributor PFD Food Services for AUD 552 million ($426 million) will raise competition concerns. The competition regulator will now launch a detailed probe into the deal, that was announced in August 2020. It expects to […]