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ComCom seeking submissions on Fletcher acquisition of Higgins

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The Commerce Commission has published a statement of preliminary issues relating to an application from Fletcher Building Holdings New Zealand Limited seeking clearance to acquire Higgins Group Holdings Limited, including 50% of shares in the Horokiwi Quarries Limited.

The statement of preliminary issues outlines the key competition issues that the Commission currently considers will be important in deciding whether or not to grant clearance.

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The Commission is inviting submissions from parties who consider that they have information relevant to the Commission’s consideration of this matter.

It is requesting email submissions to registrar@comcom.govt.nz with the reference Fletcher Building/Higgins in the subject line of the email, or to PO Box 2351, Wellington 6140 by close of business Monday 14 March 2015.

The statement of preliminary issues and public version of the application is available on the Clearances Register.

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