Kirin Holdings Company - proposed acquisition of outstanding shares in Lion Nathan Limited
Type of assessment
Informal Review
Reference
37331
Acquirer(s)
Kirin Holdings Company
Target(s)
Lion Nathan Limited
Industry
Beverages
Summary
Kirin proposed to acquire all of the outstanding shares (approximately 54%) in Lion Nathan.
Outcome of assessment
Not opposed
Total review days *
28
Commenced public review
19th May 2009
Date completed
26th June 2009
Market definition
The ACCC noted that there was no significant product overlap between the two parties in Australia.
Competition analysis
The ACCC considered that the proposed acquisition was unlikely to result in a substantial lessening of competition in any relevant market. In reaching this conclusion, the ACCC considered that the merged entity would be competitively constrained by existing effective competitors.
Review timeline
Date
Event
19th May 2009
ACCC commenced review under the Merger Review Process Guidelines.
9th June 2009
Closing date for submissions from interested parties.
26th June 2009
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.
