Stokrotka with green light to take over Frac stores

Antimonopoly watchdog UOKiK has allowed Stokrotka to take over 19 Frac stores, the office announced. UOKiK said that the transaction does not pose a monopoly threat as both retailers' outlets are located within a radius of more than one kilometer. Stokrotka had signed a deal to purchase 19 stores from Frac Handel and Frac Handel Detal located in the south of the country for PLN 20.5 million. Stokrotka is owned by Emperia Holding, which has been listed on the WSE since 2002.