UK competition watchdog to investigate Kingsmill owner’s planned takeover of Hovis
CMA’s move comes as Associated British Foods, which also owns Primark, issues profit warningBusiness live – latest updatesThe UK competition watchdog has ramped up its investigation into a £75m takeover deal that will result in the owner of Kingsmill snapping up its sliced bread rival...
<p>CMA’s move comes as Associated British Foods, which also owns Primark, issues profit warning</p><ul><li><p><a href="https://www.theguardian.com/business/live/2026/jan/08/marks-spencer-tesco-greggs-christmas-trading-house-prices-stock-markets-business-live-news-updates">Business live – latest updates</a></p></li></ul><p>The UK competition watchdog has ramped up its investigation into a £75m takeover deal that will result in the owner of Kingsmill snapping up its sliced bread rival Hovis.</p><p>Associated British Foods (ABF), which also owns the Primark clothing chain, <a href="https://www.theguardian.com/business/2025/aug/15/kingsmill-owner-agrees-to-buy-hovis-in-deal-to-create-uk-biggest-bread-brand">confirmed plans to buy Hovis</a> from private equity owners Endless in August, combining the UK’s second- and third-largest bread brands.</p> <a href="https://www.theguardian.com/business/2026/jan/08/uk-competition-watchdog-to-investigate-kingsmill-owners-planned-takeover-of-hovis">Continue reading...</a>
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