7-Eleven Stores Pty Ltd - proposed acquisition of retail assets of Mobil Oil Australia Pty Ltd

Acquirer(s)

  • 7-Eleven Stores Pty Ltd

Target(s)

  • Mobil Oil Australia Pty Ltd

Summary

Market definition

Please see Public Competition Assessment below.

Competition analysis

Please see Public Competition Assessment below.

Undertakings

Final 87B Undertakings - On 16 February 2011 the ACCC confirmed that the s87B Undertaking had terminated on the basis that the sale of the divestiture businesses had completed and any obligations to procure the transfer, grant, or provision of licences, permits, approvals, third party consents and transitional services necessary for the operation of the divestiture businesses had been fulfilled.

Other

Document title Date

Public competition assessment

Document title Date

Undertakings

Document title Date

Timeline

DateEvent
27/05/2010ACCC commenced review under the Merger Review Process Guidelines.
17/06/2010Closing date for submissions from interested parties.
07/07/2010ACCC requested further information from 7-Eleven. Former proposed date for announcement of ACCC's findings of 8 July 2010 amended to allow for 7-Eleven to provide this information and for further analysis to be undertaken.
22/07/2010ACCC announced it would not oppose the proposed acquisition, subject to the receipt of divestiture undertakings from 7-Eleven.
01/10/201087B undertaking accepted by ACCC.
16/02/2011ACCC confirmed that the s87B Undertaking had terminated on the basis that the sale of the divestiture businesses had completed and any obligations to procure the transfer, grant, or provision of licences, permits, approvals, third party consents and transitional services necessary for the operation of the divestiture businesses had been fulfilled.