Competition regulator has concerns over JBS-Rivalea deal
Australian Competition & Consumer Commission deputy chair says the proposed acquisition ‘may give rise to vertical integration concerns’
The Australian Competition & Consumer Commission (ACCC) has expressed concerns about potential issues that might arise if JBS’ proposed acquisition of Rivalea Holdings and Oxdale Dairy Enterprise is finalized.
Brazil-based JBS in June announced its intent to purchase the two Australian businesses from QAF Limited, a Singapore-based food company. The…