Regulator to check aggregates market in Fletcher bid for Higgins

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...

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