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BlueScope Steel gets antitrust clearance to buy Fletcher’s Pacific Steel
April 16 (BusinessDesk) - BlueScope Steel, Australia’s largest steelmaker and owner of the New Zealand Steel mill, has gained antitrust approval to acquire the assets of Fletcher Building’s Pacific Steel in a $120 million deal. The Commerce Commission said while the acquisition...
Turners and Growers to buy Apollo Apples for up to $44.1 mln
April 16 (BusinessDesk) - Turners & Growers, the fruit marketer controlled by Germany’s BayWa, has agreed to buy Hawke’s Bay-based Apollo Apples for as much as $44.1 million as it looks to meet growing global demand. The Auckland-based company will pay $36.05 million up front...
Coats chair Clasper to head GPG board
April 16 (BusinessDesk) - Mike Clasper, the chair of Coats, has been appointed chairman of the UK threadmaker’s parent Guinness Peat Group as the group gets closer to completing its shift to a new entity. Along with Clasper’s appointment as chair, fellow Coats director Ruth And...
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