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UK: OFT clears Greene King, Hardys deal

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UK competition watchdogs have given the green light to Greene King's proposed acquisition of brewer and pub group Hardys and Hansons.

The country's Office of Fair Trading said yesterday (18 July) that it had decided not to refer the acquisition to the country's Competition Commission.

In June, Greene King announced a GBP270m (US$498.7m) recommended offer for Hardys & Hansons, which operates pub outlets in the East Midlands.

A Greene King spokesman told just-drinks today that the acquisition should be sealed during September.


Sectors: Beer & cider

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