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UK poised to launch detailed review of Poundland, 99p Stores merger

By Dafydd Nelson ( April 9, 2015, 13:23 GMT | Insight) -- British discount retailer Poundland will have to amend its planned acquisition of rival 99p Stores if the company wants to avoid an in-depth merger investigation in the UK. The country’s competition regulator said today that the proposed combination raised potential competition issues in 80 local areas where the companies are rivals, and in a further 12 areas where they will be future competitors.British discount retailer Poundland will have to amend its planned acquisition of rival 99p Stores if the company wants to avoid an in-depth merger investigation in the UK....

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