✨ Commerce and Banking Notices
20 NOVEMBER THE NEW ZEALAND GAZETTE 4965
Notice by Commerce Commission of Clearances of Merger and Takeover Proposals
Notice is hereby given that the Commerce Commission has given clearance to the following merger and takeover proposals in terms of section 66 (3) (a) of the Commerce Act 1986.
Person by or on behalf of whom notice was given in terms of sections 66 (1) or 67 (1) of the Commerce Act 1986
| Proposal | Date of Clearance | Commission Reference |
|---|---|---|
| Independent Newspapers Ltd. may acquire plant, equipment, goodwill and stock of Stylex Print Ltd. | 12 November 1986 | AUT/MT-12/4 |
| Kupe Investments Ltd. may acquire up to 100 percent of the issued shares in the capital of Samuel Parker Ltd. | 12 November 1986 | AUT/MT-K1/1 |
Dated at Wellington this 18th day of November 1986.
D. J. KERR, for Commerce Commission.
SUMMARY OF TRADING BANKS' MONTHLY RETURNS OF PRINCIPAL LIABILITIES AND ASSETS IN RESPECT OF NEW ZEALAND BUSINESS AS AT CLOSE OF BUSINESS ON 24 SEPTEMBER 1986
In accordance with subsection (4) of section 31 of the Reserve Bank of New Zealand Act 1964
(All amounts in New Zealand Currency)
LIABILITIES*
(N.Z.$ thousands)
| Australia and New Zealand Banking Group (New Zealand) Limited | Bank of New Zealand | The National Bank of New Zealand Limited | Westpac Banking Corporation | TOTALS | |
|---|---|---|---|---|---|
| 1. Demand deposits in New Zealand | $754,155 | $1,284,009 | $534,374 | $723,884 | $3,296,422 |
| 2. Time deposits in New Zealand | $2,460,616 | $4,225,150 | $2,050,192 | $2,084,705 | $10,820,663 |
| 3. Liabilities elsewhere than in New Zealand incurred in respect of New Zealand business | $255,335 | $69,219 | $133,294 | $539,688 | $997,536 |
| 4. Bills payable and all other liabilities in New Zealand, including balances due to other banks but excluding shareholders' funds | $14,357 | $41,151 | $34,662 | $113,965 | $204,135 |
ASSETS**
(N.Z.$ thousands)
| Australia and New Zealand Banking Group (New Zealand) Limited | Bank of New Zealand | The National Bank of New Zealand Limited | Westpac Banking Corporation | TOTALS | |
|---|---|---|---|---|---|
| 1. Balances at Reserve Bank of New Zealand | $2 | $7 | $36,121 | $5 | $36,128 |
| 2. Reserve Bank of New Zealand notes | $20,135 | $27,196 | $7,854 | $8,828 | $64,013 |
| 3. New Zealand coin | $1,477 | $3,140 | $1,363 | $1,550 | $7,530 |
| 4. Assets elsewhere than in New Zealand held in respect of New Zealand business | $331,609 | $178,878 | $180,608 | $351,187 | $1,042,282 |
| 5. Advances in New Zealand and discounts of bills payable in New Zealand (excluding advances and discounts included under item 6) - (a) Advances | $1,040,342 | $2,450,140 | $776,476 | $887,389 | $5,154,347 |
| (b) Discounts | $152,503 | $99,293 | $330,590 | $168,783 | $751,169 |
| 6. Term loans in New Zealand | $1,189,449 | $1,659,411 | $801,133 | $1,226,517 | $4,876,510 |
| 7. Investments held in New Zealand - (a) Government securities | |||||
| (i) Treasury Bills | $195,000 | $334,609 | $153,622 | $164,258 | $847,489 |
| (ii) Government Stock | $710,057 | $1,390,560 | $332,043 | $535,324 | $2,967,984 |
| (b) Other Investments | $128,118 | $660,073 | $22,921 | $141,827 | $952,939 |
| 8. Cheques and bills drawn on other banks in New Zealand and balances with and due from other banks in New Zealand (excluding balances with Reserve Bank of New Zealand) | $25,649 | $2,893 | $4,216 | $15,280 | $48,038 |
| 9. Book value of land, buildings, furniture, fittings, and equipment in New Zealand | $26,236 | $171,718 | $102,499 | $74,405 | $374,858 |
| 10. All other assets in New Zealand | $149,632 | - | $10 | $12,160 | $161,802 |
Agreggate of Unexercised Overdraft and Term Loan Authorities in New Zealand $4,673,486.
*Excluding shareholders' funds, contingencies, inter-branch accounts within New Zealand, and certain transit items.
**Excluding inter-branch accounts within New Zealand, contingencies, and certain transit items.
Wellington, N.Z., 29 October 1986.
A. A. SMITH, Chief Manager, Financial Markets Department, Reserve Bank of New Zealand.
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VUW Te Waharoa —
NZ Gazette 1986, No 185
NZLII —
NZ Gazette 1986, No 185
✨ LLM interpretation of page content
🏭 Commerce Commission Clearances of Merger and Takeover Proposals
🏭 Trade, Customs & Industry18 November 1986
Commerce Commission, merger clearance, takeover clearance, Independent Newspapers Ltd., Stylex Print Ltd., Kupe Investments Ltd., Samuel Parker Ltd.
- D. J. Kerr, for Commerce Commission
💰 Summary of Trading Banks' Monthly Returns of Principal Liabilities and Assets
💰 Finance & Revenue29 October 1986
Reserve Bank of New Zealand, banking statistics, liabilities, assets, Australia and New Zealand Banking Group, Bank of New Zealand, National Bank of New Zealand, Westpac Banking Corporation
- A. A. Smith, Chief Manager, Financial Markets Department, Reserve Bank of New Zealand