Brief: Australia's ACCC Says Louis Dreyfus’s Proposed Acquisition Of Namoi Cotton Raises Concerns

Namoi Cotton

16/05/2024 24:40

May 16 (Reuters) - Australian Competition and Consumer
Commission:
    * LOUIS DREYFUS COMPANY’S PROPOSED ACQUISITION OF NAMOI
COTTON
RAISES CONCERNS
    * CONCERNED THAT NAMOI'S PROPOSED ACQUISITION BY LDC WOULD
BE
LIKELY TO SUBSTANTIALLY LESSEN COMPETITION
    * ALSO CONSIDERING WHETHER NAMOI'S PROPOSED ACQUISITION BY
LDC MAY
SUBSTANTIALLY LESSEN COMPETITION IN MARKETING OF COTTON LINT &
SEED
    * CONSIDERING WHETHER NAMOI'S PROPOSED ACQUISITION BY LDC
MAY
SUBSTANTIALLY LESSEN  COMPETITION IN MARKETING OF COTTON LINT
AND SEED
    * ALSO CONSULTING ON DIVESTMENT UNDERTAKING DRAFT PROPOSAL,
WHICH
HAS BEEN PUT FORWARD BY LDC  TO ADDRESS ACCC’S COMPETITION
CONCERNS

Further company coverage:  IPO-OLAA.SI 

 ((Reuters.Briefs@thomsonreuters.com;))