M/22/034 – M&S/Gist
The proposed acquisition whereby Storeshield Limited and Marks and Spencer (A2B) Limited, a wholly owned subsidiary of Marks and Spencer Group plc (M&S), have together agreed an irrevocable “put and call” option that will ultimately enable M&S, subject to the satisfaction of certain conditions precedent, to acquire the entire issued share capital of Gist Limited, has been notified to the Competition and Consumer Protection Commission.
|Notification date||Decision date|
|Friday July 29, 2022|
|Parties Involved||Business activities|
|Marks and Spencer Group plc||
The retail supply of groceries, clothing and home products in Ireland, in the UK and internationally.
The provision of third-party contract logistics services, including the primary and secondary warehousing and distribution of food products.
|Economic sector||Media merger|
|Retail & Wholesale Grocery||No|
|Submissions from third parties due by:|
|Phase 1||Phase 2|
|Friday, August 12, 2022|
|Current status: Active|
|Preliminary investigation (Phase 1)|
|Authorised Officer Assigned||Contact Details|
Media enquiries: firstname.lastname@example.org