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flag UK regulators approve Greencore’s £1.2B takeover of Bakkavor, pending plant sale to ensure competition.

flag The UK Competition and Markets Authority has approved Greencore’s £1.2 billion takeover of Bakkavor, clearing the final regulatory hurdle. flag The deal, expected to close on January 16, 2026, requires Greencore to sell its Bristol chilled soups and sauces plant to Compleat Food Group to address competition concerns. flag The merged entity, with combined revenue of nearly £4 billion, will be led by Greencore shareholders, who will own 56%. flag Bakkavor’s shares will be suspended on January 16 and delisted on January 19. flag The divestiture ensures market competition remains strong, as the merged company would have significantly reduced rivals in the chilled sauces sector.

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