Acquirer(s)

  • APA Group

Target(s)

  • EnergyAustralia's Iona Gas Plant

Statement of issues

Timeline

Date Event

ACCC commenced review under the Merger Process Guidelines.

Closing date for submissions from interested parties. ACCC assessing information provided during market inquiries and consulting with merger parties on any relevant issues or concerns arising.

ACCC announced decision to publish a Statement of Issues.

ACCC published a Statement of Issues outlining preliminary competition concerns.

The ACCC terminated its review of the proposed acquisition in light of another party entering into a binding agreement to buy Iona.