Godfrey Hirst granted leave for narrow appeal on wool scouring merger

Fri, 22 Jul 2016

By Paul McBeth July 22 (BusinessDesk) - Australian-owned carpet maker Godfrey Hirst has been given a small window to appeal a High Court ruling as it continues efforts to stop New Zealand's largest wool scouring operations from merging. In the High Court in Auckland, Justice Murray Gilbert let Godfrey Hirst pursue its bid to overturn regulatory approval letting Cavalier Wool Holdings buy New Zealand Wool Services International’s wool scouring business and assets, a July 15 judgment released today shows. The Australian carpet maker has to...

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