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Articles on the keyword: Tegut
The Federal Cartel Office has approved, subject to conditions, the agreement between the cooperative REWE GROUP and Migros Zurich regarding the takeover of 40 Tegut stores. The REWE GROUP is permitted to take over 38 sites immediately. A four-year ban on acquisition applies to two further sites. This fulfils a key prerequisite for the implementation of the planned future arrangement between REWE and PENNY for the Tegut sites in Hesse, Bavaria, Thuringia and Lower Saxony.