UK-based food wholesaler Booker Group Plc (BOK.L) announced Friday that the Competition Commission, in its final report published today, has unconditionally cleared the completed acquisition of Makro Holding Limited.
In late May 2012, Booker Group and Metro Group AG, the German retail and wholesale group, announced that they entered into an agreement for Booker to acquire Makro UK, Metro's wholesale business in the UK, in exchange for new Booker Shares, representing 9.99 per cent of the current issued share capital of Booker and a cash consideration of 15.8 million pounds.
In-early July 2012, Booker announced that it completed the acquisition of Makro UK.
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