Louis Dreyfus Commodities and Namoi Cotton Co-operative Limited - proposed joint venture
Type of assessment
Informal Review
Reference
50431
Acquirer(s)
Louis Dreyfus Commodities Asia Pte Ltd
Target(s)
Namoi Cotton Co-operative Limited
Industry
Cotton Ginning
Summary
Louis Dreyfus Commodities Asia Pte Ltd proposes to acquire:
- 13% of the capital stock in Namoi Cotton Co-operative Ltd; and
- 49% interest in Namoi's cotton marketing, packing, and warehouse and logistics services business.
Comments are invited from interested parties regarding the Louis Dreyfus Commodities and Namoi Cotton Co-operative Limited proposed joint venture.
The closing date for submissions is 8 February 2013. Submissions should be forwarded electronically (preferably in PDF format) to mergers@accc.gov.au with the title Submission re Louis Dreyfus Commodities and Namoi Cotton acquisition proposal (attention Lisa Campbell).
Alternatively submissions may be forwarded by fax to 02 92315652 or by mail to Mergers Branch, ACCC, GPO Box 3648, Sydney NSW 2001.
Please refer to the attached market inquiry letter.
Word version 24th January 2013 MER13+859.doc (265.0 KB)
Louis Dreyfus Commodities and Namoi Cotton - market inquiry letter - 24 January 2013 24th January 2013 MER13+860.pdf (202.8 KB)
Indicative timeline
Date
Event
22nd January 2013
ACCC commenced review under the Merger Review Process Guidelines.
8th February 2013
Closing date for submissions from interested parties.
14th March 2013
Proposed date for announcement of ACCC's findings.