French retailer Leclerc has received regulatory approval from Poland’s competition authority to complete its acquisition of 25 Billa Polska stores from Germany’s Rewe.
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The Polish Office of Competition and Consumer Protection (UOKiK) said that the deal will not result in a “significant restriction of competition” by “creating or strengthening a dominant position in the market.”
The UOKiK also gave its assent to Leclerc’s proposed acquisition of 35 Presspo outlets from Portuguese retailer Jeronimo Martins.
A spokesperson for Leclerc said that Poland represented an “important market opportunity” for the company to expand.
“We were naturally gratified by the news,” the spokesperson said.
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