CK Consortium - proposed acquisition of APA Group


Type of assessment Informal Review
Reference 63978
Acquirer(s)
CK Consortium
Target(s)
APA Group
Industry Infrastructure
Summary
CK Consortium (comprising CK Infrastructure Holdings, CK Asset Holdings, and Power Asset Holdings) proposes to acquire APA Group.
Outcome of assessment Not opposed subject to undertakings
Total review days * 57
Commenced public review 26th June 2018
Date completed 12th September 2018
Market definition
A public competition assessment will be published in due course.
Competition analysis
A public competition assessment will be published in due course.
Undertakings
  • CKM Australia Bidco Pty Ltd, CK Asset Holdings Limited, CK Infrastructure Holdings Limited and Power Assets Holdings Limited section 87B undertaking - signed 11 September 2018
    11th September 2018
    D18+131936.pdf (14.6 MB)
Review timeline
Date Event
26th June 2018 ACCC commenced review under the Merger Process Guidelines.
13th July 2018 Closing date for submissions from interested parties.
4th September 2018 Former proposed decision date of 13 September 2018 brought forward a day to 12 September 2018.
12th September 2018 ACCC announced it would not oppose the proposed acquisition, subject to a section 87B divestment undertaking accepted by the ACCC.

* Total Review days = Total business days less public holidays and time during which the review was suspended.