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The Monopolies and Mergers Commission report into Bass's proposed takeover of Carlsberg-Tetley is expected to be handed to Ian Lang, Secretary of State for Trade and Industry, on Monday before being put to one side for the duration of the election campaign. As a result, a decision on any concessions to be made by Bass might not be made before June or July, industry sources said.
Groupe Chez Gerard has bought two of the Savoy Group's three London restaurants, the Grill St Quentin and Brasserie St Quentin, for pounds 2m. The deal follows the recent acquisition of Livebait, a fish restaurant near Waterloo station.
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