ACCC yet to start Bega’s review for Fonterra Oceania acquisition

ACCC yet to start Bega’s review for Fonterra Oceania acquisition
Western Star is one of the brands on the block. (Image: BusinessDesk)
Riley Kennedy
The Australian Competition and Consumer Commission has not yet begun the informal review requested by aspiring Fonterra Oceania suitor Bega Cheese, the regulator’s deputy chair says.The commission, known across the Tasman as the ACCC, gave Lactalis a green light, saying it wouldn’t oppose a merger of the two if they struck a deal.ASX-listed dairy company Bega has made no secret of its wish to acquire the Oceania part of the spin-out known as Mainland Group, having claimed to have been barred from entering the process to bid.It stems...

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