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

 

DLF Seeds acquisition of PGG Wrightson Seeds

3 December 2018


Letter of issues for DLF Seeds acquisition of PGG Wrightson Seeds


The Commerce Commission has sent a letter of issues to DLF Seeds in relation to its proposed acquisition of PGG Wrightson Seeds.

A letter of issues is sent if, following initial investigations, the Commission has concerns about potential competition issues that may arise from the proposed acquisition. A letter of issues is not a final decision and does not mean that the Commission intends to decline or clear an acquisition.

A copy of the letter has been published on the Commission’s case register. Other interested parties may make submissions on the issues outlined in the letter if they wish to.

Submissions are due no later than Friday 14 December 2018, with any cross-submissions due no later than Friday 21 December 2018. Submissions can be sent by email to registrar@comcom.govt.nz with the reference “DLF Seeds/PGG Wrightson Seeds” in the subject line.

Background

We will give clearance to a proposed merger if we are satisfied that the merger is unlikely to have the effect of substantially lessening competition in a market.

Further information explaining how the Commission assesses a merger application is available on ourwebsite.

ends



© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Provincial Growth Fund: Backing Growth In Gore

“Today’s announcements are a $1.6 million investment towards the Maruawai precinct project, which involves the redevelopment of the Hokonui Moonshine Museum and creation of the Maruawai Heritage Centre...” More>>

ALSO:

Inflation: Cigarette Price Rise Offsets Cheaper Petrol

The consumers price index (CPI) rose 0.1 percent in the March 2019 quarter, due to higher prices for cigarettes, Stats NZ said today... In the year to March 2019, the inflation rate was 1.5 percent, down from 1.9 percent in the December 2018 year. More>>

ALSO:

Government Suppliers: MBIE Reinstates Fuji Xerox As A

The government has reinstated Fuji Xerox as a supplier despite an ongoing Serious Fraud Office investigation into accounting irregularities that led to losses of more than $300 million. More>>

ALSO:

PSI: Service Sector Growth At Lowest Level Since 2012

April 15 (BusinessDesk) - New Zealand’s services sector activity grew at its slowest pace in more than six years in March, potentially signalling a slowdown in the domestic economy. More>>

ALSO: