Norwegian Competition Authority approves Coop Norway’s acquisition of ICA Norway provided certain conditions are met
The Norwegian Competition Authority announced today their approval of Coop Norway’s acquisition of ICA Norway, but the acquisition may not be completed until Coop Norway has sold on 93 stores.Coop has entered into agreements with Bunnpris and Norgesgruppen to sell the stores concerned. The Competition Authority requires the sales of these stores to be made before Coop’s acquisition of ICA Norway may be carried out. The deal between ICA Gruppen and Coop Norway is therefore expected to be completed shortly. “It is highly gratifying that the deal with Coop Norway has now been approved by
