Bounty’s offer to acquire Tegel Foods approved
The Overseas Investment Office gives unconditional approval to takeover offer
Bounty Holdings New Zealand’s offer to buy New Zealand poultry company Tegel Foods has been approved by the Overseas Investment Office (OIO).
The OIO approved the offer unconditionally under the Overseas Investment Act, according to a statement from Tegel Foods.
A wholly owned subsidiary of Philippines-based Bounty Fresh Foods…