OneSteel Limited - proposed acquisition of certain assets of Smorgon Steel Group Limited
Type of assessment
Informal Review
Reference
27208
Acquirer(s)
OneSteel Limited
Target(s)
Smorgon Steel Group Limited
Industry
Steel
Outcome of assessment
Withdrawn
Total review days *
27
Commenced public review
5th February 2007
Date completed
10th April 2007
Undertakings
Draft 87B Undertakings 16th February 2007 D07+14735.pdf (111.4 KB)
Review timeline
Date
Event
5th February 2007
ACCC commenced review under the Merger Review Process Guidelines.
7th February 2007
ACCC requested further information from OneSteel.
14th February 2007
ACCC received requested information from OneSteel.
16th February 2007
Market inquiries commence.
1st March 2007
Closing date for submissions from interested parties.
20th March 2007
At the request of OneSteel, the announcement of the ACCC's decision has been delayed.
10th April 2007
Request for informal clearance withdrawn. OneSteel has requested informal clearance for an acquisition of Smorgon Steel Group Limited except for the Smorgon distribution business. The ACCC will conduct a separate assessment of this proposal. Details of this assessment can be found under 'Public informal merger clearances under consideration'.
* Total Review days = Total business days less public holidays and time during which the review was suspended.
