Acquirer(s)
- Woolworths Limited
Target(s)
- Officeworks BusinessDirect Pty Ltd<br/> Officeworks Superstores Pty Ltd<br/> Kmart Australia Ltd
Market definition
see detailed public competition assessement below.Competition analysis
see detailed public competition assessment below.Timeline
| Date | Event |
|---|---|
ACCC commences review under the Merger Review Process Guidelines. Market inquiries commenced. |
|
Timeline delayed by negotiations on confidentiality restrictions. |
|
Closing date for submissions from interested parties. |
|
Decision date amended from 'early September' to 'September' to allow for provision of further information by Woolworths and consideration of submissions from market participants. |
|
ACCC published a Statement of Issues outlining preliminary competition concerns. Proposed date for announcement of ACCC's findings amended accordingly. |
|
Closing date for submissions from interested parties. |
|
Decision date amended from 3 October to 17 October 2007 due to Woolworths' delay in providing a submission in response to the Statement of Issues. |
|
ACCC announced it would oppose Woolworths' proposed acquisition of Kmart plus Officeworks. |