Inside the Australian and New Zealand book industry

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NZ court clears Warehouse takeover bid

By overturning an earlier ruling from the country's Competition Commission, New Zealand's High Court has opened the way for a takeover of discount retailer The Warehouse. The most likely bidder is Woolworths, which already owns a 10% stake in The Warehouse, but food retailer Foodstuffs and private equity company Pacific...

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Category: Local news