NZCC gives green light to Ampol’s Z Energy acquisition
The acquisition remains subject to Ampol obtaining Overseas Investment Office approval, and the Z Energy shareholder vote.
The acquisition remains subject to Ampol obtaining Overseas Investment Office approval, and the Z Energy shareholder vote.
“We are taking action that will make a real difference and want Kiwis to have their say,” Environment Minister David Parker said.
Under the terms of the sale, Allegro will acquire 100 per cent of Gull for around NZ$509 million.
The distinctive recycling bins have returned to selected Countdown, New World and The Warehouse stores in Dunedin.
The state-of-the-art premise at Landing Drive was purpose built for Foodstuffs North Island, and leased from Auckland Airport for an initial 30-year tenure.
This year’s season is expected to run from early March to May thanks to the mild winter and hot summer in Gisborne.
“We acknowledge that competition can work better for New Zealand customers. As a result, we accept that the sector does need to change and we are committed to our role in doing that,” says Foodstuffs North Island Chief Executive Chris Quin.
Countdown supermarket owners Woolworths NZ say they welcome the final report released by the Commerce Commission, following the market study of New Zealand’s grocery sector.
We are delighted with the outcome – this is a victory for suppliers in terms of fairness, competition, and common sense,” says Chief Executive Katherine Rich.
The ‘Gooey Peanut Butter Choc Cross Bun’ was designed by the team at New World Kaikoura after winning Foodstuffs South Island’s annual in-house Hot Cross Bun competition.
The Commerce Commission has released its final market study into the local retail grocery sector this morning, stating that competition in the grocery sector was not working well for New Zealand consumers.
Brands, eager to not be seen sitting on the fence, have united to denounce the country and suspend their services in Russia until further notice.