April 18, 2018 / 12:49 PM / in 5 months

BRIEF-Lithuanian Competition Authority blocks Rimi Baltic's acquisition of UAB Palink

April 18 (Reuters) - ICA Gruppen AB:

* LITHUANIAN COMPETITION AUTHORITY BLOCKS RIMI BALTIC’S ACQUISITION OF UAB PALINK (IKI)

* SAYS RIMI BALTIC WILL NOT BE ABLE TO COMPLETE OFFER FOR UAB PALINK

* SAYS LITHUANIA CONTINUES TO BE AN IMPORTANT MARKET TO ICA GRUPPEN, AND WE WILL NOW GO BACK TO OUR EARLIER FOCUS ON ORGANIC GROWTH Source text for Eikon: Further company coverage: (Reporting by Stockholm Newsroom)

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