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Viridian-Metro Performance Glass deal raises antitrust concerns in New Zealand

( July 25, 2025, 02:07 GMT | Official Statement) -- MLex Summary: The move by Viridian NZ BidCo, owned by Crescent Capital Partners, to acquire the publicly listed Metro Performance Glass is raising antitrust concerns for New Zealand’s competition regulator. In a statement today, the New Zealand Commerce Commission said that it will release a statement of issue outlining the potential competition issues with the deal. The regulator said that it has identified potential adverse effects that may arise from the loss of competition between Viridian and Metro in glass processing, supply and installation markets. The regulator said that these effects could include price rises or reductions in product or service quality.The full statement by the New Zealand Commerce Commission follows:...

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