Kim Howells publishes draft undertakings from Scottish & Newcastle/Greenalls

United Kingdom

Kim Howells, Competition and Consumer Affairs Minister, published draft undertakings on 19th November 1999 in relation to the proposed acquisition by Scottish & Newcastle Plc (S&N) of the pubs, restaurants and lodges business of Greenalls Group Plc. Interested parties may comment on the draft text of the undertakings before a final decision is made on whether or not to refer the merger to the Competition Commission. The Director General of Fair Trading had recommended that undertakings should require S&N to dispose of or free from tie within six months of the date of completion such number of pubs in the relevant petty sessional divisions as will reduce its share of pubs to 25% or less. (DTI Press Release P/99/942)