Fairfax Media Limited - proposed acquisition of 50% interest in a joint venture with MMP Holdings Pty Ltd
Type of assessment
Informal Review
Reference
47974
Acquirer(s)
Fairfax Media Limited
Target(s)
MMP Holdings Pty Ltd
Industry
Media
Summary
Fairfax Media Limited, via its wholly owned subsidiary The Age Company Pty Ltd, proposes to enter into a joint venture with MMP Holdings Pty Ltd. Under the proposed joint venture Fairfax Media will acquire a 50% interest in the MMP group and will contribute all of its Victorian community publishing titles to the joint venture.
Market inquiries have now closed. Queries regarding the ACCC's review may be addressed to Simon Mitchell or Mark Grime at mergers@accc.gov.au.
Market inquiries letter - Fairfax Media/MMP -proposed joint venture 28th February 2012 MER12+1916.pdf (242.3 KB)
Indicative timeline
Date
Event
27th February 2012
ACCC commenced review under the Merger Review Process Guidelines.
1st March 2012
ACCC requested further information from the joint venture parties. ACCC timeline suspended and former indicative decision date for announcement of ACCC's findings of 19 April 2012 delayed.
16th March 2012
Closing date for submissions from interested parties.
23rd March 2012
ACCC received further information from the joint venture parties. ACCC timeline recommenced.
29th March 2012
ACCC requested further information from the joint venture parties. ACCC timeline suspended.
4th May 2012
ACCC received further information from the joint venture parties. ACCC timeline recommenced.
24th May 2012
Proposed date for announcement of ACCC's findings.
