Germany approves Edeka, Kaiser’s supermarkets merger

Germany approves Edeka, Kaiser’s supermarkets merger

According to reports from ruling coalition, the German government has approved plans by the country’s biggest supermarket group Edeka to buy grocery chain Kaiser’s, owned by retail group Tengelmann. German Finance Minister Sigmar Gabriel was reported as making a special permanent permit to help the merger of the supermarket chains Edeka and Kaiser’s Tengelmann. Two people familiar with […]