Aussies Fail To Block Metcash's $225M Grocery Chain Buy

By Melissa Lipman ( August 25, 2011, 12:33 PM EDT) -- An Australian court on Thursday refused to block Metcash Trading Ltd. from buying the Franklins chain of grocery stores from South Africa's Pick n Pay Retailers Ltd. for AU$215 million ($225 million), despite the government's antitrust concerns....

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