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Heinz, Cerebos Gregg's deal decision faces short delay as NZ regulator digests documents

By James Panichi ( February 16, 2018, 02:16 GMT | Insight) -- ​New Zealand’s competition regulator is today expected to announce a brief delay to its decision concerning the acquisition by food company H.J. Heinz Co NZ of Cerebos Gregg’s, a rival company in the production of table sauces and instant coffee. The Commerce Commission had set itself a Feb. 15 deadline for the decision, but is now believed to be discussing a short extension with the companies to further review documents relating to the acquisition.​New Zealand’s competition regulator is today expected to announce a brief delay to its decision concerning the acquisition by food company H.J. Heinz Co NZ of Cerebos Gregg’s, a rival company in the production of table sauces and instant coffee....

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