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Commission Grants Clearance For NEP To Acquire Sky's Outside Broadcasting Assets


Friday, 5 February 2021, 6:19 am
The Commerce Commission has granted clearance for NEP
Broadcast Services New Zealand Limited to acquire from Sky
Network Television Limited the assets of its outside
broadcasting business, Outside Broadcasting
Limited.
Chair Anna Rawlings said the Commission is
satisfied that the acquisition is unlikely to substantially
lessen competition in any New Zealand market.
Central
to the Commission’s decision was its assessment of what
Sky would otherwise do if the proposed acquisition did not
proceed. In particular, the Commission considered and tested
whether there was a realistic prospect that OSB would
otherwise continue providing outside broadcasting services
in competition with NEP. ....

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Commission Grants Clearance For Pact To Acquire Flight


Thursday, 17 December 2020, 9:45 am
The Commerce Commission has granted clearance to Pact
Group Holdings Limited (Pact) to acquire the assets and
business of Flight Plastics Limited in New Zealand and the
packaging-related assets of Flight Extruded Plastics LP in
Adelaide (together, Flight). Flight’s assets include a
wash plant, which Flight uses to make packaging from plastic
waste that has been put out for recycling by consumers and
collected by waste management firms.
Pact and Flight
both manufacture and supply rigid plastic packaging made of
polyethylene terephthalate (PET). PET is commonly used as a
container for food such as meat and seafood, fresh fruit and ....

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