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On 14 November 2019, the ACCC accepted an undertaking (the Undertaking) given by Terminals Pty Limited (Terminals) and Hyperion Investments Australia Pty Ltd (Hyperion) pursuant to s 87B of the Competition and Consumer Act 2010 (Cth) in connection with Terminals’ proposed acquisition of 100% of the shares in GrainCorp Liquid Terminals Australia Pty Ltd (the Proposed Acquisition).