ACCC commenced review under the Merger Process Guidelines.
30th January 2017
Closing date for submissions from interested parties. ACCC assessing information provided during market inquiries and consulting with merger parties on any relevant issues or concerns arising.
1st February 2017
ACCC requested further information from the merger parties.
13th February 2017
ACCC received further information from the merger parties.
17th February 2017
Former provisional date for announcement of findings (9 March 2017) delayed (to 16 March 2017), given the time required for merger parties to respond to 1 February information request, and to allow the ACCC to consider the information provided.
10th March 2017
The merger parties requested that the ACCC delay the timeline to allow them to provide further information to the ACCC. The former provisional decision date of 16 March 2017 has therefore been delayed while the ACCC awaits the further information.
4th May 2017
ACCC published a Statement of Issues outlining preliminary competition concerns.
19th May 2017
Following an announcement by the merger parties that the proposed merger has been terminated, the ACCC has discontinued this review.
* Total Review days = Total business days less public holidays and time during which the review was suspended.