ABC Learning Centres Limited - proposed acquisition of Hutchison's Child Care Services Ltd

Type of assessment

Informal Review

Reference

24778

Acquirer(s)

ABC Learning Centres Limited

Target(s)

Hutchison's Child Care Services Ltd

Industry

Child care

Outcome of assessment

Not opposed subject to undertakings

Total review days *

Commenced public review

7^th July 2006

Date completed

8^th September 2006

Market definition

See Public Competition Assessment

Competition analysis

See Public Competition Assessment

Public competition assessment

Undertakings

Final ABC proferred s.87B undertaking accepted by the ACCC.
8^th September 2006
D06+61644.pdf (768.1 KB)

Related media releases

ACCC concerns about ABC acquisition of Hutchison's addressed by child care centre divestitures
ABC Learning Centres Limited has provided a court-enforceable undertaking to divest seven long da...
Issued: 8^th September 2006 Release # MR 207/06

Review timeline

Date	Event
7^th July 2006	ACCC commenced review under the Merger Review Process Guidelines.
12^th July 2006	Market inquiries commenced.
26^th July 2006	Market inquiries closed.
25^th August 2006	ABC submitted a draft section 87B undertaking to the ACCC. Market inquiries commenced on the draft section 87B undertaking.
1^st September 2006	Market inquiries on ABC's draft section 87B undertaking closed.
8^th September 2006	ACCC accepted a section 87B undertaking proferred by ABC and announced that it would not oppose the proposed acquisition.

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

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