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ComCom extends deadline for clearance of IAG-Lumley merger

Stephanie Flores
Mon, 24 Mar 2014

The Commerce Commission has extended its deadline to April 30 in deciding whether to clear IAG’s purchase of Lumley, which brokers have warned would create a duopoly in the country’s general insurance market.

The commission was supposed to make a decision this Friday.

“Extensions are a common

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Stephanie Flores
Mon, 24 Mar 2014
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ComCom extends deadline for clearance of IAG-Lumley merger
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