The Commerce Commission has published a statement of preliminary issues relating to an application from Elgas Limited seeking clearance to acquire 60.25% of the shares in Liquigas Limited from Vector Investment Holdings Limited, as well as the assets of On Gas Limited from Vector Limited.
Both Elgas and On Gas supply LPG in cylinders and in bulk to a range of wholesale and retail customers across New Zealand. Liquigas provides distribution, storage and logistical services for LPG suppliers, such as Elgas and On Gas, across New Zealand.
The statement outlines the key competition issues that the Commission considers important in deciding whether or not to grant clearance to the proposed acquisition.
/Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).View in full here.
