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CMA Fast-Tracks Review of ABF's £75M Hovis Deal

1/8/2026

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Story summary
  • The United Kingdom's Competition and Markets Authority (CMA) has fast-tracked its review of Associated British Foods plc (ABF)'s £75 million plan to acquire Hovis from Endless, announced August 2025.
  • The CMA aims to assess competition issues in the pre-packaged bread market, with a Phase 2 deadline set for June 24, 2026.
  • ABF has not acknowledged competition concerns but seeks regulatory clearance amid profit warning and declining demand for mass-produced bread.