Wrightson cleared to sell seeds business

Wed, 13 Feb 2019

By Gavin Evans Feb. 13 (BusinessDesk) - PGG Wrightson has been cleared to sell its seeds business to Denmark's DLF Seeds. The Commerce Commission said the $434 million transaction, announced in August, was unlikely to substantially reduce competition in any of the markets it assessed. “DLF is not at present a close competitor of PGG Wrightson Seeds in respect of ryegrass seeds containing endophytes and is unlikely to be so in the future,” deputy chair Sue Begg said. “Further, the merged entity would continue to be constrained by Bar...

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