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The Commerce Commission of New Zealand has granted clearance for Tronox Limited to purchase the titanium dioxide (TiO2) pigment business of National Titanium Dioxide Company Ltd (Cristal), as it affects New Zealand markets. The global merger would bring together two suppliers of TiO2 pigment.
“The Commerce Commission has granted clearance for Tronox Limited (Tronox) to purchase the titanium dioxide (TiO2) pigment business of National Titanium Dioxide Company Ltd (Cristal), so far as it affects markets in New Zealand.”business.scoop.co.nz
Summarized from public sources; check the original articles before acting on it.