Advertisement
UK markets closed

  • FTSE 100

    7,895.85
    +18.80 (+0.24%)
     

  • FTSE 250

    19,391.30
    -59.37 (-0.31%)
     

  • AIM

    745.67
    +0.38 (+0.05%)
     

  • GBP/EUR

    1.1623
    -0.0060 (-0.52%)
     

  • GBP/USD

    1.2385
    -0.0054 (-0.43%)
     

  • Bitcoin GBP

    51,882.61
    +765.69 (+1.50%)
     

  • CMC Crypto 200

    1,380.11
    +67.49 (+5.14%)
     

  • S&P 500

    4,986.04
    -25.08 (-0.50%)
     

  • DOW

    37,999.32
    +223.94 (+0.59%)
     

  • CRUDE OIL

    83.47
    +0.74 (+0.89%)
     

  • GOLD FUTURES

    2,413.90
    +15.90 (+0.66%)
     

  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     

  • HANG SENG

    16,224.14
    -161.73 (-0.99%)
     

  • DAX

    17,737.36
    -100.04 (-0.56%)
     

  • CAC 40

    8,022.41
    -0.85 (-0.01%)
     
Property:

11 beautiful homes with glorious garden rooms

Investing in a home with a garden room will enable you to enjoy your outside space whatever the weather

UK watchdog warms to Greene King's concessions on pub deal

Reuters - UK Focus

LONDON, May 26 (Reuters) - Britain's competition watchdog said it was likely to give the go-ahead to pub group Green King's takeover of rival Spirit in light of an offer by the former to sell a total of 16 pubs.

The Competition and Markets Authority (CMA) had earlier this month said it would undertake an in-depth investigation of the 774 million pound deal unless the companies offered to dispose of pubs in a small number of areas where there was no alternative.

It said on Tuesday that the proposed disposals might be acceptable, and it would make a decision by July 21.

Of the 16 pubs identified to be sold, nine are Greene King (Other OTC: GKNGY - news) pub and seven are Spirit, Green King said in a statement.

(Reporting by Paul Sandle; editing by Sarah Young)