The European Commission has set a deadline of 23 June for its inquiry into Rewe’s proposal to increase its stake in Austrian retailer Adeg.

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Rewe, the Germany-based retailer, wants to increase its stake in Adeg to 75%.


“We currently hold almost a quarter of shares in the group. We are hopeful that clearance will be granted to increase our holding,” a Rewe spokesperson told just-food.


Rewe currently holds 24.9% of Adeg’s outstanding shares.

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