Pact Group Pty Ltd - proposed acquisition of Viscount Plastics Pty Ltd
Type of assessment
Informal Review
Reference
37562
Acquirer(s)
Pact Group Pty Ltd
Target(s)
Viscount Plastics Pty Ltd
Industry
Packaging products
Outcome of assessment
Withdrawn
Total review days *
38
Commenced public review
14th April 2009
Date completed
9th July 2009
Statement of issues
Based on market inquiries conducted previously and competition concerns identified at that time, the ACCC is re-issuing a Statement of Issues for this proposed acquisition. This Statement of Issues largely reflects the ACCC's previous Statement of Issues; however, some amendments have been made to reflect changes advised by Pact Group since the ACCC's previous consideration of the proposed acquisition. 15th April 2009 D09+36507.pdf (805.1 KB)
Review timeline
Date
Event
14th April 2009
ACCC commenced review under the Merger Review Process Guidelines.
15th April 2009
ACCC published a Statement of Issues outlining preliminary competition concerns.
8th May 2009
Closing date for submissions relating to Statement of Issues.
10th June 2009
Former proposed date for announcement of ACCC's findings. At the request of Pact Group, the ACCC timeline has been suspended to allow time for Pact Group to provide further information to the ACCC.
9th July 2009
Pact Group has withdrawn its application for an informal merger review. Consequently, the ACCC has ceased reviewing this matter.
* Total Review days = Total business days less public holidays and time during which the review was suspended.
