Sydney Transport Partners Consortium (including Transurban) - proposed acquisition of WestConnex interest


Type of assessment Informal Review
Reference 63264
Acquirer(s)
Sydney Transport Partners Consortium (including Transurban)
Target(s)
WestConnex
Industry Toll roads
Summary
Sydney Transport Partners Consortium (including Transurban) proposes to acquire a majority interest in WestConnex.
Date commenced 26th February 2018
Project staff Tim Byrne
Daniel McCracken-Hewson
Contact Email mergers@accc.gov.au
Market inquiries
The ACCC has published a Statement of Issues outlining preliminary competition concerns in relation to the proposed acquisition.

The ACCC invites submissions on its Statement of Issues by Thursday 31 May 2018. Submissions may be e-mailed to mergers@accc.gov.au.

Alternatively submissions may be mailed to the Merger Investigations Branch, ACCC, GPO Box 3131, Canberra ACT 2601.

For more details, please refer to the Statement of Issues below.

Following Thursday 31 May 2018, queries regarding the ACCC's review may be addressed to Tim Byrne and Daniel McCracken-Hewson at mergers@accc.gov.au.
    Statement of issues
    Indicative timeline
    Date Event
    26th February 2018 ACCC commenced review under the Merger Process Guidelines.
    19th March 2018 Closing date for submissions from interested parties.
    6th April 2018 Former proposed decision date of 26 April delayed to allow provision of requested information from the Sydney Transport Partners Consortium.
    20th April 2018 ACCC received further information from the Sydney Transport Partners Consortium.
    17th May 2018 ACCC published a Statement of Issues outlining preliminary competition concerns.
    31st May 2018 Closing date for submissions relating to Statement of Issues.
    19th July 2018 Proposed date for announcement of ACCC's decision.