Reuters: Regulatory News: Canada's Competition Bureau to review Loblaw's bid for Shoppers

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Canada's Competition Bureau to review Loblaw's bid for Shoppers Jul 15th 2013, 14:12 TORONTO, July 15 | Mon Jul 15, 2013 10:12am EDT TORONTO, July 15 (Reuters) - Canada's Competition Bureau said on Monday it will review Loblaw's proposed C$12.4 billion ($11.9 billion) acquisition of Shoppers Drug Mart , and that it was difficult to say how long the review would take. The watchdog's mandate allows it to block deals that would likely result in a substantial lessening of competition.

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