CMA gives green light for Co-op's takeover of Nisa

The Co-op has offered to buy 100% of the shares in Nisa for up to £137.5 million and to pay associated deal costs of up to £5.5 million. With Nisa members having voted in favour of the proposal in November last year, the deal is expected to complete on or around 8 May.

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The CMA said the proposed merger does not give rise to competition concerns…