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The UK Competition and Markets Authority found that Boparan's proposed purchase of ForFarmers' Burston feed mill could substantially reduce competition in poultry feed supply to independent farmers in East Anglia. The CMA gave the parties five working days to propose remedies or face a Phase 2 investigation.
Reduced competition in local poultry feed supply could raise feed costs for UK chicken farmers, though the effect is regional and limited to East Anglia.
gov.ukCompetition, Markets AuthorityNov 6, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
