ABF said it expects the deal to be “marginally dilutive” to earnings in its 2027 financial year before becoming “accretive thereafter”.

The new business will target bakery innovation, healthier ranges and distribution efficiencies as ABF seeks to reshape the UK ...

Hovis bread packets. Credit: Steve Travelguide / Shutterstock.com. The UK’s competition authority has given its approval to Associated British Foods’ acquisition of rival baker Hovis. The decision, ...

ABF’s bakeries arm would be likely to exit the market entirely if the deal did not proceed, CMA finds A £75m deal for the owner of Kingsmill to buy Hovis to create the UK’s biggest bread brand has ...

The takeover of Hovis by Kingsmill owner Associated British Foods (ABF) has been cleared by the UK competition watchdog in a move which will have a major impact on the bread market in Northern Ireland ...

The takeover of Hovis by Kingsmill owner Associated British Foods (ABF) has been cleared by the UK competition watchdog. The Competition and Markets Authority (CMA) said ABF could have pulled out of ...

The takeover of Hovis by Kingsmill owner Associated British Foods (ABF) has been cleared by UK regulators. The Competition and Markets Authority (CMA) said ABF could have pulled out of the UK bakery ...

June 16 (Reuters) - Britain's competition watchdog cleared Associated British Foods' (ABF.L), opens new tab acquisition of rival Hovis on Tuesday, after finding that ABF's bakery division would likely ...

Clearance decision follows evidence of significant structural challenges facing the UK bakery sector and longstanding losses in ABF's bakery business. The Competition and Markets Authority's (CMA) ...

Associated British Foods (LSE:ABF) has secured approval from the UK Competition and Markets Authority for its planned acquisition of bread producer Hovis, clearing the way for the transaction to move ...

A £75m deal for the owner of Kingsmill to buy Hovis to create the UK’s biggest bread brand has been cleared by the Competition and Markets Authority. (CMA) Following an in-depth investigation, the CMA ...

10:01, Wed, Jun 17, 2026 Updated: 10:17, Wed, Jun 17, 2026 The Competition and Markets Authority (CMA) has approved the proposed merger between Associated British Foods (ABF) and Hovis. ABF, which ...