Romania's Competition Council has issued a series of competition concerns related to the planned acquisition of La Cocoş store chain by the Schwarz Group, which operates the Kaufland and Lidl retail chains in Romania.
Germany’s Schwarz Group, the owner of Lidl and Kaufland, is buying 70% in Romanian retailer La Cocos. The founder of the business, entrepreneur Iulian Nica, will keep the remaining 30%.