Commission ponders Computershare proposal

The registry company is seeking Commerce Commission approval to buy all the shares or assets of BT Portfolio Services.

Both companies provide registry services for companies and other organisations that have quoted securities or which require maintenance of membership lists or registers.

BT Portfolio Services is owned by US company Principal Financial Services while Computershare is a subsidiary of Australian listed Computershare.

The Commission says it must determine what markets are relevant to the proposal, and then assess what impact the proposal would have on competition in those markets.

A decision is due late June.

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.