INDEPENDENT NEWS

Commission receives SKYCITY clearance application

Published: Fri 16 Apr 2004 09:51 AM
Commission receives clearance application from SKYCITY
The Commerce Commission has received an application from SKYCITY Entertainment Group Limited seeking clearance to acquire all the shares and assets of Aspinall (NZ) Limited.
Both SKYCITY and Aspinall are involved in the ownership and operation of casinos in New Zealand.
Aspinall holds an approximate 40.5 percent stake in Christchurch Casinos Limited, which owns and operates the Christchurch Casino.
SKYCITY currently has ownership interests in and management contracts for casinos in Auckland, Hamilton and Queenstown.
In considering the application, the Commission’s role is to determine whether the merger has the effect of substantially lessening competition in a market.
A public version of the application is available on the Commission’s website under Adjudication.

Next in Business, Science, and Tech

General Practices Begin Issuing Clause 14 Notices In Relation To The NZNO Primary Practice Pay Equity Claim
By: Genpro
Global Screen Industry Unites For Streaming Platform Regulation And Intellectual Property Protections
By: SPADA
View as: DESKTOP | MOBILE © Scoop Media