ForFarmers' UK poultry mill deal with Boparan could harm competition, UK regulator says
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 06 2024
0mins
Source: Reuters
Competition Concerns: The UK Competition and Markets Authority (CMA) is investigating Boparan Holdings' acquisition of ForFarmers' feed mill in Burston due to potential reduced competition in poultry supply, which could lead to higher costs for chicken farmers and processors in East Anglia.
Next Steps for Boparan and ForFarmers: The companies have five days to propose remedies to address the CMA's concerns; otherwise, a more in-depth phase 2 investigation will be initiated.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
