Rewe’s takeover of additional Tegut stores cleared in Germany

( November 12, 2026, 09:54 GMT | Official Statement) -- MLex Summary: Retail chain Rewe has received approval from Germany's competition authority to acquire up to seven additional premises from Tegut. Antitrust chief Andreas Mundt said the authority was able to swiftly clear the deal because concentration levels in the affected local sales markets aren’t expected to raise competition concerns. The acquisition will also have only a marginal impact on Rewe's position in procurement markets, Mundt said. Last month, the Bundeskartellamt conditionally approved Rewe's acquisition of 38 Tegut stores.Statement follows. ...

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