Watchdog probes Heinz-HP sauce buy-up bid

A deal by Heinz for the maker of HP sauce was referred to the competition authorities today amid fears it could lead to higher sauce prices.

Watchdog probes Heinz-HP sauce buy-up bid
Wed, 26 Oct, 2005 - 16:26

A deal by Heinz for the maker of HP sauce was referred to the competition authorities today amid fears it could lead to higher sauce prices.

The Office of Fair Trading (OFT) said the acquisition of HP Foods could drive up the cost of products such as brown sauce, tomato ketchup and baked beans.

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CourtsBusinessHeathrowPlace: UKPlace: WorcesterPlace: Aston CrossPlace: BirminghamPlace: WiganPlace: Leamington SpaPlace: WestwickPlace: IrelandPlace: GermanyPerson: Vincent SmithPerson: Jane MillerOrganisation: HeinzOrganisation: HPOrganisation: TheOrganisation: Office of Fair TradingOrganisation: OFTOrganisation: HP FoodsOrganisation: DanoneOrganisation: Lea & PerrinsOrganisation: AmoyOrganisation: Competition CommissionOrganisation: HansonOrganisation: Heinz UK & Ireland
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