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THL clears final major regulatory hurdle for Apollo merger

‘We now have much greater confidence the merger will proceed,’ says Tourism Holdings’ Cathy Quinn.

THL will sell 110 vehicles to Jucy in a $45 million divestment to get regulatory approval across the line.

The Australian Competition and Consumer Commission (ACCC) has given clearance for NZX-listed tourism operator THL to merge with ASX-listed Apollo Tourism & Leisure (ATL) despite earlier concerns over market dominance.

A trading halt on THL shares imposed yesterday has been lifted following the

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Fiona Rotherham Thu, 29 Sep 2022
Contact the Writer: fiona@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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THL clears final major regulatory hurdle for Apollo merger
General Business,
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