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The Commerce Commission received a clearance application from Taranaki By-Products to raise its stakes in three joint ventures with Lowe Corporation. The targets render animal materials into meat and bone meal and tallow in the North Island.
The Commission will approve the deal only if it does not substantially lessen competition.
Consolidation among New Zealand renderers could affect local meat and bone meal supply and pricing. The effect on global feed prices is minimal.
nationaltribune.com.auFeb 11, 2021
scoop.co.nzAoFrioFeb 11, 2021scoop.co.nzEntrustFeb 11, 2021Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
