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Massmart plans to sell Cambridge Food, Rhino and Fruitspot

Massmart plans to sell Cambridge Food, Rhino and Fruitspot Serbian competition authorities clear Mercator’s transfer to Fortenova Group Fortenova Group has announced that the Serbian commission for protection of competition has approved the intention of the group to acquire control over the company Poslovni sistem Mercator d.d., Ljubljana. The company has fulfilled regulatory prerequisites to obtain approval from the competent national regulatory authorities for the protection of market competition in all required territories, including Serbia, Bosnia and Herzegovina, Montenegro, and Northern Macedonia. Fortenova Group has also obtained approval from the European Commission. UK: Deliveroo reduces losses Over the past year, Deliveroo has, once again, grown strongly, although it still made a considerable loss. In the meantime, the British meal delivery company is working on the previously announced IPO. Deliveroo saw the transaction value increase by 64% to 4.1bln pounds (4.8bln

Makro and Game owner sells Cambridge Food to focus on core business

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