Acquirer(s)
- PMP Limited
Target(s)
- Times Printers Australia Pty Ltd
Summary
On 21 September 2007, PMP Limited, a publicly listed commercial printer announced that it had entered into an agreement to acquire 100% of the shares in Times Printers Australia Pty Ltd from Times Publishing Limited, a Singapore based printing and publishing company.Market definition
The ACCC considered the relevant market to be the national market for heat set web offset printing.Competition analysis
The ACCC considered that the acquisition was unlikely to lead to a significant increase in market concentration due to the presence of a number of other printers of similar or larger size.Timeline
| Date | Event |
|---|---|
ACCC commenced review under the Merger Review Process Guidelines. |
|
Closing date for submissions from interested parties. |
|
ACCC announced it would not oppose the proposed acquisition. |