Acquirer(s)
- Statewest Credit Society Ltd
Target(s)
- Breweries Union Credit Society Ltd
Summary
By letter dated 21 June 2004, APRA informed the ACCC of the proposed transfer of the entire business of Breweries Union Credit Society Ltd to Statewest Credit Society Ltd.Market definition
For practical purposes, the relevant product market in this instance was treated as a broadly defined market for financial services.Competition analysis
Concentration thresholds are not crossed.Merger type
Horizontal
Guidelines thresholds
Below
Imports above 10%
No
Initiation
Other
ANZSIC code
7323