While researching about Pact Group, I noticed an article Pact Group granted clearance to acquire Flight by New Zealand Competition Commission. This seems like a material announcement and was available on the commission site on 16th but no announcement from the company itself. Just wondering if this have any significance and upside for the price.
https://comcom.govt.nz/case-register/case-register-entries/pact-group-holdings-ltd-flight-plastics-ltd?target=case-details
https://www.miragenews.com/commission-grants-clearance-for-pact-to-acquire-flight/
Pact Group granted clearance to acquire Flight by New Zealand Competition Commission
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