AMCU permits Silpo to buy Furshet retail chain
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The Antimonopoly Committee of Ukraine (AMCU) has allowed Silpo-Food LLC, a member of Fozzy Group (Kyiv), to buy Furshet retail chain, Silpo announces a preliminary agreement on the transfer of some supermarkets.
"Silpo-Food reached a preliminary agreement with Furshet retail chain on the possibility of transferring to the management of Silpo-Food part of the supermarkets operating under the Furshet trade mark. The implementation of the project will begin if permission is obtained from the AMCU," the Fozzy Group press service told Interfax-Ukraine.
As noted in the AMCU statement, the participants in the concentration refused to purchase assets in settlements where their shares were significant, and the concentration could lead to restriction of competition.