Alinta-AGL Joint Merger Proposal

Acquirer(s)

  • Alinta Ltd

Target(s)

  • The Australian Gas Light Company

Summary

Alinta/AGL Joint Merger Proposal reflecting the Mergers Implementation Agreement (MIA) signed between the parties. On 3rd August 2006, the ACCC accepted undertakings from Alinta in relation to this proposal.

As part of the processes under the undertakings, the ACCC subsequently assessed whether it was necessary for Alinta to divest the Agility contracts associated with the Moomba to Sydney and Parmelia Gas Pipelines.

On 26 September 2006 the ACCC determined that it was necessary for Alinta to divest the Agility contracts.

Market definition

Please refer to Public Competition Assessment.

Competition analysis

Please refer to Public Competition Assessment.

Statement of issues

Document title Date

Public competition assessment

Document title Date

Timeline

DateEvent
04/05/2006Alinta submission on competition issues sent to ACCC
24/05/2006Alinta offered revised draft s87B undertaking to ACCC
24/05/2006ACCC commenced market inquiries in relation to revised draft s87B undertaking
16/06/2006ACCC Issues Statement of Issues - market inquiries commenced
03/07/2006Market inquiries in relation to Statement of Issues to be completed
03/08/2006ACCC accepted Undertakings from Alinta.