Acquirer(s)
- Elgas Limited
Target(s)
- Wesfarmers Kleenheat Gas Pty Ltd's east coast LPG assets
Summary
Elgas Limited proposed to acquire all of Kleenheat Gas Pty Ltd's east coast assets for the marketing and distribution of LPG.Market definition
Please refer to the Public Competition Assessment.Competition analysis
Please refer to the Public Competition Assessment.Statement of issues
Public competition assessment
Document title | Date | |
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Public Competition Assessment | ||
Public Competition Assessment |
Undertakings
Timeline
Date | Event |
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ACCC commenced review under the Merger Process Guidelines. |
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ACCC requested further information from the merger parties. |
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Closing date for submissions from interested parties. |
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ACCC received information from the merger parties. |
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ACCC published a Statement of Issues outlining preliminary competition concerns. |
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Closing date for submissions relating to Statement of Issues. |
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ACCC requested further information from the merger parties. |
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ACCC received information from the merger parties. |
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Former proposed date for announcement of final decision (24th July) is delayed to allow the ACCC to consider information provided by the merger parties. |
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ACCC requested further information from the merger parties. Former proposed date for announcement of ACCC's final decision (28th August) delayed to allow the merger parties time to provide additional information. |
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ACCC received further information from the merger parties. |
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Former proposed decision date of 4 September delayed at request of vendor to allow vendor to provide more information in response to issues raised by the ACCC. |
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ACCC received further information from vendor. Former proposed decision date of 11 September delayed at request of acquirer to allow more time for the acquirer to provide additional information. |
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Elgas offered a s87B undertaking to the ACCC. |
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ACCC commenced market inquiries in relation to proposed s87B undertaking offered by Elgas. |
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Closing date for submissions from interested parties in relation to proposed s87B undertaking offered by Elgas. |
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ACCC announced it would not oppose the proposed acquisition, subject to section 87B undertakings accepted by ACCC. |