Tag: Andrew Reitzer

Metcash isn’t backing down from its acquisition of Franklins despite a decision by the Australian Competition and Consumer Commission (ACCC) to appeal the Federal Court’s decision to allow the purchase of the business from South African retailer Pick n Pay.

Metcash, owner of IGA supermarkets and Australia’s largest independent grocery and liquor wholesaler, welcomes Federal Court action by the Australia Competition and Consumer Commission opposing Metcash’s plans to acquire the Franklins supermarket chain for $215 million.