The Commerce Commission is reviewing whether a deal to sell Bremworth to the owners of Godfrey Hirst will dampen competition in the New Zealand flooring market.
Bremworth's co-founder and largest shareholder has halved his holding in the company amid concerns the competition regulator might not approve a deal to sell the carpet maker to the owner of Godfrey Hirst.
A pair of notes to the stock exchange this morning shows Grant Biel sold half of his shares