macro

CMA seeks views on remedies for Co-operative merger

The CMA is consulting on Co-operative Group’s proposed remedies after its Southern Co-operative acquisition, with responses due by 27 October 2026.

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what happened

The London Stock Exchange reported that the UK Competition and Markets Authority (CMA) opened a consultation on 12 October 2026 regarding measures proposed by Co-operative Group Limited (CGL) after its completed acquisition of The Southern Co-operative Limited (Southern). The regulator had identified competition concerns and is assessing whether the proposed solution addresses them.

CGL has proposed transferring ownership of 15 convenience shops and two funeral homes in locations where the phase-one review identified competition issues. On 15 September 2026, the CMA said it would send the transaction to an in-depth phase 2 investigation unless the parties offered acceptable measures. The authority began a detailed review of the proposal on 29 September.

The CMA has until 24 November 2026 to decide whether to accept the package or an amended version. Interested parties have until 27 October 2026 to submit their views.

why it matters

The consultation will determine whether the competition concerns can be addressed through remedies or whether the merger proceeds to a full phase 2 investigation.

instruments

Co-operative GroupSouthern Co-operative

sources

  1. REG - Competition and Mkts - Merger: Co-operative Group / Southern Co-operative — London Stock Exchange, 12 October 2026 at 12:00 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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