Phantom bidder calls for investigation into proposed Fonterra acquisition
date:Aug 07, 2012
Overseas Investment Office approval before completion.

The bidder has called on the Commerce Commission to investigate why the Receiver chose not to pursue itsmore lucrativeoffer.

Fonterra reluctant bride

The Fonterra offer was clearly not the best offer on the table but the Receiver chose not to pursue other options and yet Fonterra claim not to have pursued the acquisition. This process should be investigated,said the submission document.

It would be a disappointing situation if this comp
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