ACCC reviewing Woolworths’ acquisition plans for PFD Food Services

ACCC reviewing Woolworths’ acquisition plans for PFD Food Services

2 years ago
The ACCC is reviewing Woolworths’ proposed acquisition of PFD Food Services. The watchdog yesterday announced it had commenced a review under the Informal Merger Review Process Guidelines. The retailer last month outlined plans to acquire a 65% stake in PFD Food Services in a $552 deal, which would see it extend its strategic partnership with the foodservice network and acquire 26 freehold properties currently being used as distribution centres by PFD. PFD is a wholesale […]
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