Mergers & Acquisitions Mergers & Acquisitions

Foodstuffs deal rejected by New Zealand antitrust regulator over supplier concerns

By Saloni Sinha
  • 01 Oct 2024 00:28
  • 01 Oct 2024 00:28
The application by New Zealand’s largest grocery retailers Foodstuffs North Island and Foodstuffs South Island to merge their cooperatives has been rejected by the competition watchdog over fears the deal could increase significantly the buyer power of the two companies.

In a statement today, the New Zealand Commerce Commission sai

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Discover MLex

Stay on top of global regulatory developments

Latest News