Oft Confirms Beatties Deal Won't Be Referred

Summary


The Office of Fair Trading yesterday confirmed it had decided not to refer the takeover of James Beattie by House of Fraser to the Competition Commission.

In June, House of Fraser agreed to buy Wolverhampton-based Beattie for pounds 69.4 million to widen its geographic coverage.

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Extract


Oft Confirms Beatties Deal Won't Be Referred

Beatties later said the agreed deal with Fraser was the o...

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