Retail sector leads in acquisitions

Tuesday, December 12, 2017

The wholesale and retail sector has dominated mergers and acquisitions in the past year, the latest Competition Authority (CA) annual report shows.

During the 2016-2017 financial year, a total of 52 mergers were handled and out of this figure, the wholesale and retail sector recorded the highest number at 13 cases compared to 12 in the previous year.

The other sector that had a significant record on merger notifications is the transportation and logistics sector, which recorded seven cases as compared to zero in 2016.

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