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OBI reports acquisition of Baumax assets to the EU

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Published in issue 44/2015
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The OBI group, based in Wermelskirchen, Germany, notified plans to acquire two-thirds of Baumax’s 105 branches to the European Commission’s Directorate General for Competition on 25 September 2015. The deal brokered with Baumax AG, based in Klosterneuburg, in late August stipulates that OBI Group Holding SE & Co. ...

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