The Australian Competition and Consumer Commission today released a Statement of Issues on the APA Group's proposed acquisition of Hastings Diversified Utilities Fund.
The Statement of Issues seeks further information on certain competition issues which have arisen from the ACCC's review to date.
The ACCC invites further submissions from the market in response to the Statement of Issues by 13 April 2012. As a result, the ACCC's final decision will be deferred until 26 April 2012.
The Statement of Issues will be available on the public mergers register on the ACCC's website.
Submissions can be sent by email to the ACCC at mergers@accc.gov.au.