date:Aug 07, 2012
ful bidder has questioned why, if Fonterra was areluctant bridedid the receiver not fully explore its offer.
[Unnamed bidder] would like to ask the Commission to investigate this claim because the implication is that Fonterra were approached and almost cajoled into buying the company. This suggests that the Receivers may not have conducted a fair process but rather on that was pre-determined in favour of Fonterra despite the presence of higher competing bids,said the document.
As a bidder who b