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

 


CDC Pharmaceutical and Pharmacy Wholesalers merger

Statement of preliminary issues published for CDC Pharmaceutical and Pharmacy Wholesalers merger

11 July 2014

The Commerce Commission has published a statement of preliminary issues relating to a joint application from CDC Pharmaceuticals Limited and Pharmacy Wholesalers (Central) Limited (PWL Central) seeking clearance to merge their respective wholesaling pharmaceutical businesses.

The statement of preliminary issues outlines the key competition issues that the Commission currently considers will be important in deciding whether or not to grant clearance. The Commission’s statement of preliminary issues and the public version of the application are available on the Clearances Register.

The Commission invites submissions from parties who consider that they have information relevant to the Commission’s consideration of this matter. Submissions can be sent to registrar@comcom.govt.nz with the reference CDC/PWL Central in the subject line of your email or to PO Box 2351, Wellington 6140 by close of business Friday 18 July 2104

You can find the statement of preliminary issues on the Clearances Register.

Background
Both CDC and PWL Central wholesale prescription, specialist hospital only, and over the counter pharmaceutical products to pharmacies and hospitals.

Currently, CDC primarily supplies pharmaceuticals in the South Island and in Wellington while PWL Central primarily supplies pharmaceuticals in the central North Island.

Both parties also have a presence in Auckland.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Revenue Renewal: Tax Modernisation Programme Launched

Revenue Minister Todd McClay today released the first two in a series of public consultations designed to modernise and simplify the tax system. More>>

ALSO:

Scoop Business:
NZ Puts Seven New Oil And Gas Areas Put Up For Tender

A total of seven new areas will be opened up to oil and gas exploration under its block offer tendering system, as the New Zealand government seeks to concentrate activity in a few strategically chosen areas. More>>

ALSO:

Half Full: Dairy Payouts Steady, Cash Will Be Tight

Industry body DairyNZ is advising farmers to focus on strong cashflow management as they look ahead to the 2015-16 season following Fonterra's half-year results announcement today. More>>

ALSO:

First Union: Cotton On Plans To Use “Tea Break” Law

“The Prime Minister reassured New Zealanders that ‘post the passing of this law, will you all of a sudden find thousands of workers who are denied having a tea break? The answer is absolutely not’... Cotton On is proposing to remove tea and meal breaks for workers in its safety sensitive distribution centre. How long before other major chains try and follow suit?” More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news