Haier has received consent of the Overseas Investment Office to proceed with its offer to acquire all shares in Fisher & Paykel Appliances Holdings.
The consent is the final regulatory approval required for the transaction to proceed.
Haier has now formally declared its offer unconditional.
Shareholders have until 5 pm on 6 November to accept the offer, unless it is extended.
Haier has about 62.4% of the appliance maker, for which its offering $1.28 per share.
It needs 90% before it can compulsorily acquire the remaining stock.
