Press Release – Commerce Commission
The Commerce Commission has received a clearance application from Taranaki By-Products Limited for it, or a related company, to increase shareholdings in three joint ventures with Lowe Corporation. It is proposed that: Taranaki By-Products will acquire …
The Commerce Commission has received a clearance application from Taranaki By-Products Limited for it, or a related company, to increase shareholdings in three joint ventures with Lowe Corporation.
It is proposed that:
• Taranaki By-Products will acquire up to 100% of the shares in Hawkes Bay Protein Limited and up to 100% of shares in Jackson Transport Limited; and
• Glenninburg Holdings, a company that is majority owned by Taranaki By-Products, will acquire up to 100% of the shares in Tuakau Proteins Limited.