US takeover UK shrink sleeve firm triggers competition probe
date:Jun 13, 2012
s acquisition sees the buyer achieving a national market share of 25% or above.

Competition officials will seek to assess if the takeover is expected to result in a substantial lessening of competition.

But Samus Lafferty, Accraply vice president of sales and marketing declared the firm was convinced the OFT had no valid basis to investigate the deal.

Accraply believes that its acquisition of Turpins falls outside the criteria requiring OFT approval. We have given maximum cooperation to the O
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