Peregrine Corporation - proposed acquisition of retail assets of Mobil Oil Australia Pty Ltd

Type of assessment

Informal Review

Reference

40972

Acquirer(s)

Peregrine Corporation

Target(s)

Mobil Oil Australia Pty Ltd

Industry

Fuel retailing

Outcome of assessment

Not opposed subject to undertakings

Total review days *

Commenced public review

27^th May 2010

Date completed

22^nd July 2010

Market definition

Please see Public Competition Assessment below.

Competition analysis

Please see Public Competition Assessment below.

Public competition assessment

Undertakings

Other

Related media releases

ACCC does not propose to intervene in sale of Mobil's retail assets
The Australian Competition and Consumer Commission today announced that it does not propose to in...
Issued: 22^nd July 2010 Release # NR 142/10

Review timeline

Date	Event
27^th May 2010	ACCC commenced review under the Merger Review Process Guidelines.
17^th June 2010	Closing date for submissions from interested parties.
7^th July 2010	Former proposed date for announcement of ACCC's findings of 8 July 2010 amended to allow ACCC to consider further information provided by Peregrine and to conduct further analysis.
22^nd July 2010	ACCC announced it would not oppose the proposed acquisition, subject to the receipt of divestiture undertakings from Peregrine.
1^st October 2010	87B undertaking accepted by ACCC.

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

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