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Phantom bidder calls for investigation into proposed Fonterra acquisition
date:Aug 07, 2012
id [undisclosed amount] the reported purchase price we would ask the Commission to investigate the fairness of the sale process,it added.

Commerce Commission decision

The submission was made on behalf of the bidding company. The bidder, although unnamed, is involved in dairy farming and processing investment and has a particular interest in New Zealand.

According to the submission document, the bidder has for thepast three years been researching the NZ dairy industry and is very interested to

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