January 2007 decisions One application refused Pepsi buys Bluebird Foods for $245 million from Burns Philp Independent Liquor purchased by PEP/CCMP led consortium for $1.25b…
Decisions of the Overseas Investment Commission and Overseas Investment Office
The approval of the Overseas Investment Office (OIO; before 25 August 2005, the Overseas Investment Commission (OIC)) is required for most overseas investment into Aotearoa/New Zealand that involves land and fishing, and most other investment valued at $100 million or more. In fact, it acts as a rubber stamp, approving almost all applications.
January to December 2007 Overseas Investment Office Decisions Commentary and Index prepared by CAFCA (Note: the OIO decisions quoted here can be viewed here) Contents…
December 2006 decisions Suncorp-Metway of Australia buys Promina Group for $8.94 billion Another private equity buyout of aged care facility: CVC buys DCA Cavotec buys…
November 2006 decisions Bunnings buys property in Stoke, Nelson, for new store Macquarie buys two further properties in Plunket Avenue, Manukau Hong Kong investor buys…
October 2006 decisions Hancock buys Carter Holt Harvey’s forests Takeover of Kathmandu clothing completed Bacardi buys local Whisky firm, 42 South Nikko Principal Investments buys…
September 2006 decisions Maruha of Japan gets approval to acquire 5,000 tonnes of fishing quota Rank Group buys out other shareholders in Burns Philp Macquarie…
August 2006 decisions GE buys the mortgage portfolio of St George Bank (“Superbank”) First Data Corporation of the U.S.A. has approval to take over Peace…
July 2006 decisions Application refused: commercial purchaser of Queenstown rural land GE buying Custom Fleet leasing company from BNZ … … and ORIX of Japan…
June 2006 decisions One application refused: purchase of 7 ha. Hawkes Bay vineyard Transpacific buys Waste Management New Zealand More aged care to Investment companies:…
May 2006 decisions PEP buys Griffins from Danone Qualcare acquires Eversley Elder Care from Presbyterian Support Macquarie Goodman leases more Manukau land to sub-lease to…
April 2006 decisions Cameron sells down her ownership of Kathmandu to 49% Trustpower buys dairy farm to develop Arnold Valley Hydro Power Scheme Land for…
March 2006 decisions Fairfax buys Trade Me for $700 million PEP buys Tegel Foods for $250 million Allco Funds Management buys into Strategic Investment Group…
February 2006 decisions Primecare retirement villages bought by Australian corporate investors AMP buys Summerset Holdings, retirement village operator ING gets approval to buy out Calan…
January 2006 decisions Lifestyle land purchase application declined Pan Pac Forest Products buys further land Other land for forestry Other rural land sales Summary statistics…
January to December 2006 Overseas Investment Office Decisions Commentary and Index prepared by CAFCA Contents January 2006 decisions Lifestyle land purchase application declined Pan Pac…