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UK Competition Authority: OFT accepts sale of seven electrical wholesaling branches to remedy merger concerns

( January 23, 2013, 12:22 GMT | Official Statement) -- MLex Summary: The UK's Office of Fair Trading has conditionally cleared the completed acquisition of Wilts Wholesale Electrical Company by Rexel UK. In order to overcome competition concerns, Rexel has comitted to sell seven Wilts branches located in Chandler's Ford, Chippenham, Devizes, Midsomer Norton, Rugby, Trowbridge and Weymouth.Full statement follows....

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