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Wesfarmers Limited - proposed acquisition of Coles Group Limited

Type of assessment

Informal Review

Reference

27879

Acquirer(s)

Wesfarmers Limited

Target(s)

Coles Group Limited

Industry

General retail and LPG retail and wholesale

Outcome of assessment

Not opposed

Total review days *

Commenced public review

8^th June 2007

Date completed

22^nd August 2007

Public competition assessment

Related media releases

ACCC not to oppose proposed acquisition of the Coles Group by Wesfarmers Limited
The Australian Competition and Consumer Commission will not intervene in the proposed acquisition...
Issued: 22^nd August 2007 Release # MR 226/07

Review timeline

Date	Event
8^th June 2007	ACCC commences review under the Merger Review Process Guidelines. Market inquiries commenced.
6^th July 2007	Closing date for submissions from interested parties.
24^th July 2007	Timeline suspended pending provision of information by Wesfarmers.
30^th July 2007	Former proposed date for announcement of ACCC's findings of 15 August 2007 amended to allow for provision of further information from Wesfarmers.
30^th July 2007	ACCC received further information from Wesfarmers. ACCC timeline recommenced.
22^nd August 2007	ACCC announced 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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