The Commerce Commission is pushing out its timeline for approving the Foodstuffs merger, due to "unresolved issues".

It now expects to reach a decision in October.

The North and South Island co-operatives - which run the Pak'nSave, New World and Four Square supermarkets - sought clearance to merge last year.

Foodstuff's North Island Chief Executive Chris Quin told Heather du Plessis-Allan “We knew this could happen, but we remain committed that this is the right thing to do.”

LISTEN ABOVE.

The Commerce Commission is pushing out its timeline for approving the Foodstuffs merger, due to "unresolved issues". 
It now expects to reach a decision in October. 
The North and South Island co-operatives - which run the Pak'nSave, New World and Four Square supermarkets - sought clearance to merge last year. 
Foodstuff's North Island Chief Executive Chris Quin told Heather du Plessis-Allan “We knew this could happen, but we remain committed that this is the right thing to do.” 
LISTEN ABOVE.

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Chris Quin: Foodstuff's North Island CEO on Commerce Commission's pending decision on merger of operations

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/660edc36-4bbe-4eeb-8b41-b19600743dc3/transcript