Bega Group seeks informal merger regulator review for Fonterra Oceania

Bega Group seeks informal merger regulator review for Fonterra Oceania
Bega Group products on the shelf. (Image: Getty)
Riley Kennedy
Bega Group has told the Australian Competition and Consumer Commission that it intends to lodge an application for an informal review to potentially buy Fonterra Oceania.The Australian dairy company, which is listed on the ASX as Bega Cheese, has made no secret of the fact it wants Fonterra’s Australian operation, which is part of the NZ farmer-owned consumer divestment.At one point it was claiming to have been barred from making a bid.The co-op is running a dual-track process, between a trade sale and initial public offering.Fonterra, wh...

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