The Commerce Commission has today released its full decision to decline an application from National Foods Limited to acquire, through a wholly owned subsidiary, up to 100% of the issued shares of New Zealand Dairy Foods Limited (NZDF).

The Commission declined the application on March 22.

The full written decision is available (in pdf format) on the Commission's website, www.comcom.govt.nz/adjudication.

Media contact: Communications Manager Jackie Maitland Phone work (04) 924 3708, mobile 029 924 3708