GERMANY: Edeka files objection to Rewe-Coop deal | Progresiv

Edeka has reportedly filed a formal complaint against the German regulator’s approval of the Rewe-Coop (De) deal. Earlier this month, the Federal Cartel Office approved Rewe’s plans to acquire a majority stake in Nord Vertriebs, a company of Coop, which operates 200 outlets under the ‘Sky’ and ‘Plaza’ banners.

However, according to Lebensmittel Zeitung, Edeka has submitted a complaint to the Düsseldorf high court against the clearance.

The report said Edeka’s filing highlights inequalities in the Rewe/Coop deal with those of its own proposed acquisition of Tengelman (which was opposed by the regulator).  Edeka is reportedly claiming that the regulator did not apply the same parameters when judging both cases. (www.kamcity.com)