The Swiss Competition Commission, WEKO, has approved the acquisition by Swiss retailer Coop of rival retail chain Waro.

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Coop is buying the 28 Waro stores from local discount retailer Denner, a unit of Rast Holding, for an undisclosed sum.


Weko’s preliminary investigations has suggested that the acquisition might lead to Coop having too dominant a position in the fresh food retail market, reported the Swiss News Digest.


 

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