Acquirer(s)
- Asahi Group Holdings
Target(s)
- Carlton & United Breweries (owned by Anheuser Busch InBev SA/NV)
Summary
Asahi proposes to acquire Carlton & United Breweries (CUB).
Asahi and CUB both supply a range of beer, cider and spirits products.
Market definition
Competition analysis
Draft undertakings
| Document title | Date | |
|---|---|---|
| Asahi - draft undertaking - public - for consultation |
ACCC correspondence
| Document title | Date | |
|---|---|---|
| Market inquiries letter |
Statement of issues
| Document title | Date | |
|---|---|---|
| Statement of Issues |
Public competition assessment
| Document title | Date | |
|---|---|---|
| Asahi-CUB - Public Competition Assessment |
Timeline
| Date | Event |
|---|---|
ACCC commenced informal review under the Informal Merger Review Process Guidelines. |
|
ACCC requested further information from Asahi and CUB. |
|
Closing date for submissions from interested parties. |
|
Former provisional date for announcement of findings (31st October) is delayed to allow Asahi more time to provide additional information. |
|
ACCC received further information from Asahi. |
|
Former provisional date for announcement of ACCC's findings (5th December) is delayed to allow Asahi more time to provide additional information. |
|
ACCC published a Statement of Issues outlining preliminary competition concerns. |
|
Closing date for submissions relating to Statement of Issues. |
|
ACCC commenced market consultation on proposed s87B undertaking. Former provisional date for announcement of ACCC’s findings (19 March 2020) is delayed. ACCC will announce a proposed decision date in due course. |
|
Closing date for submissions relating to the draft proposed divestment undertaking. |
|
ACCC announced it would not oppose the proposed acquisition, subject to section 87B undertakings accepted by the ACCC. |