Aussie regulator flags competition concerns on Louis Dreyfus-Namoi Cotton deal
16/05/2024 24:41
May 16 (Reuters) - Australia's competition regulator
raised concerns on commodity merchant Louis Dreyfus' proposed
A$138.6 million ($92.85 million) acquisition of Namoi Cotton
NAM.AX as both companies supply cotton ginning and cotton lint
classing in the country.
($1 = 1.4928 Australian dollars)
(Reporting by Sneha Kumar; Editing by Sherry Jacob-Phillips)
((Sneha.Kumar@thomsonreuters.com;))
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