Regulator to check aggregates market in Fletcher bid for Higgins

Pattrick Smellie
Sun, 28 Feb 2016

By Pattrick Smellie Feb. 29 (BusinessDesk) - The Commerce Commission will conduct an investigation into the national and regional markets for construction aggregates before it decides whether to clear Fletcher Building's bid for construction firm Higgins Group Holdings. The competition regulator issued its statement of preliminary issues on the application, identifying the only area of potentially anti-competitive overlap between the two companies as being the market for crushed rock aggregates used in road-building and associated infrast...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Property FREE
Money Answers: how much mortgage can I actually afford?
Frances Cook | Sat, 25 Jun 2022

This week, readers ask how they should decide as a family what they can afford in terms of buying a house – and just because you can, should you?

Health
The eyes have it
The Economist | Sat, 25 Jun 2022

Short-sightedness used to be rare. Now it's growing across the globe. Tim Cross, The Economist's technology editor, investigates its rapid rise.

On the Money
On the Money: Don Braid, Fletcher, Steve Newman and more
Victoria Young | Sat, 25 Jun 2022

OTM this week: A bit of matchy-matchy for Don Braid, the reopening of Parliament's lawns, Eroad, Fletcher and more. 

Sponsored
Investments to sustain the momentum of building in NZ

Classic Capital has opened its Land & Build fund to qualified wholesale and eligible investors.

Sponsored
High water marks: Watercare raises the tide on sustainability

The No.1 barrier to decarbonisation for NZ organisations is accurate measurement, says Microsoft’s Accelerating the Journey to Net Zero report.