Metcash stands firm on Franklins purchase
By Lorna Brett · 13 September 2011 · Franchising
By Lorna Brett · 13 September 2011 · Franchising
The Australian Competition and Consumer Commission (ACCC) has appealed the Federal Court's decision to allow Metcash's acquisition of Franklins. Will Metcash's plans for the iconic Australian business come to fruition?
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.
Tags: ACCC appeals Metcash decision, ACCC to appeal Franklins decision, Andrew Reitzer, Metcash acquisition of Franklins, Metcash purchase of Franklins, Metcash to acquire Franklins without ACCC support, Pick N Pay, Rod Sims