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The Australian Competition and Consumer Commission (ACCC) has accepted a court enforceable undertaking from Lawn Solutions Australia Group Pty Ltd (LSA) under section 87B of the Competition and Consumer Act 2010 (Cth).
The undertakings not to complete have been provided by the applicants – Armaguard and Prosegur – and accepted by the Chair on 7 October 2022.
On 29 September 2022, the ACCC announced it had accepted an undertaking given by Tourism Holdings Rentals Limited and its subsidiary THL Group (Australia) Pty Ltd (together, THL) and Apollo Tourism & Leisure Ltd (Apollo) pursuant to s 87B of the Competition and Consumer Act 2010 (Cth) in connection with THL’s proposal to acquire 100% of the shares in Apollo.