Market Court to review Kesko’s acquisition of Heinon Tukku
In May, Kesko announced that it had agreed to acquire the wholesaler Heinon Tukku Oy from the family-owned company Tukkuheino Oy and private individuals, and noted that the acquisition was subject to approval by the Finnish Competition and Consumer Authority and the fulfilment of the other terms and conditions of the transaction. Today, the Finnish Competition and Consumer Authority proposed to the Market Court that the transaction be prohibited. The proceedings will continue in the Market Court.The proposal by the Finnish Competition and Consumer Authority suggests that if completed, the