Pacific National Pty Ltd / Linfox - proposed acquisitions of Intermodal assets from Aurizon
Type of assessment
Pacific National Pty Ltd / Linfox
Intermodal assets from Aurizon
On 14 August 2017, Aurizon Holdings Limited (Aurizon) announced its intention to exit its intermodal business. Aurizon's proposed exit involves:
- the proposed sale of Aurizon's Acacia Ridge Intermodal Terminal to Pacific National Pty Ltd (Pacific National) (Pacific National Acquisition)
- the proposed sale of Aurizon's Queensland Intermodal Business to a consortium comprising Pacific National and a Linfox entity (Pacific National/Linfox Acquisition),
- the closure of the remainder of Aurizon's intermodal business - being its interstate intermodal business.
The ACCC is investigating the Pacific National Acquisition and the Pacific National/Linfox Acquisition. This investigation will take into account the closure of Aurizon's interstate intermodal business.
Submissions are invited from interested parties regarding the Pacific National Acquisition and the Pacific National/Linfox Acquisition by 17 November 2017.
Submissions should be forwarded electronically (preferably in PDF format) to firstname.lastname@example.org with the title: "Submission re: Pacific National / Aurizon - attention Joe Saunders / Bruce Mikkelsen." Alternatively submissions may be mailed to the Merger Investigations Branch, ACCC, GPO Box 3131, Canberra ACT 2601.
Following 17 November 2017, queries regarding the ACCC's review may be addressed to Joe Saunders / Bruce Mikkelsen at email@example.com.
ACCC commenced informal review under the Merger Process Guidelines.
17th November 2017
Closing date for submissions from interested parties.
29th November 2017
ACCC requested further information from Pacific National.
6th December 2017
ACCC requested further information from Aurizon.
18th January 2018
Former proposed decision date of 1 February 2018 delayed to allow provision of requested information. ACCC will announce a new decision date once further information is provided by Pacific National and Aurizon. New decision date expected to be mid-February 2018 (as outlined in the Merger Review Process Guidelines, this may be a final decision or release of a Statement of Issues).