SYDNEY, Australia (FNS) -- The Australian Competition and Consumer Commission here said last week it has reached an in-principle agreement with Hong Kong-based Dairy Farm for the sale of the 287 supermarkets in its Franklins' supermarket chain. Ross Jones, ACCC commissioner for mergers and acquisitions, said the package to which the ACCC has agreed involves the sale of 200 stores to independent retailers, and a maximum of 67 stores to Woolworths. Independents will be offered approximately ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

WhyRegisterfor FREE?

Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.

Click here to read the FAQ page if you have any questions (opens in a new window)

Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.