Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Reckitt Benckiser cleared to acquire Boots

Media Release

Issued 30 November 2005/074

Reckitt Benckiser cleared to acquire Boots Healthcare International

The Commerce Commission has cleared Reckitt Benckiser plc to acquire the shares, manufacturing assets and intellectual property of Boots Healthcare International (BHI).

Commission Chair Paula Rebstock said that the Commission was satisfied that the proposed acquisition would not have, or would not be likely to have, the effect of substantially lessening competition in the New Zealand markets for the wholesale distribution of analgesics, cold preparations, throat preparations and antiseptics.

Reckitt Benckiser plc is an international manufacturer and distributor of consumer healthcare and personal care products. In New Zealand, Reckitt Benckiser distributes a range of analgesics, cold and throat preparations and antiseptics including the brands Disprin, Lemsip and Dettol.
BHI is the consumer healthcare business of the Boots group of companies. Boots is an international manufacturer, distributor and retailer of consumer health and beauty products. In New Zealand, BHI distributes a number of products including a range of analgesics, cold and throat preparations and antiseptics under the brands Nurofen, Strepsils and Savlon.

A public version of the written decision will shortly be available on the Commission’s website, www.comcom.govt.nz under Public Registers.

ENDS

Commission media releases can be viewed on its web site www.comcom.govt.nz

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. More>>

Elsewhere:


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>

ALSO:


Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>

ALSO:

Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>