Australia's competition watchdog looks set to bite into Canadian fertiliser giant Nutrien's $469 million takeover bid for Ruralco after flagging concerns about their combined market dominance in some locations and in wholesale supply to independent farm merchandise stores.
The Australian Competition and Consumer Commission on Thursday released a statement of issues raising preliminary competition concerns about Nutrien’s proposed acquisition.
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Brad Thompson writes across business and politics from Western Australia for The Australian Financial Review. Brad is based in our Perth bureau. Connect with Brad on Twitter. Email Brad at brad.thompson@afr.com
