Asahi Holdings (Australia) Pty Ltd - proposed acquisition of P&N Beverages Australia Pty Ltd

Acquirer(s)

  • Asahi Holdings (Australia) Pty Ltd

Target(s)

  • P&N Beverages Australia Pty Ltd

Summary

Asahi Holdings (Australia) Pty Ltd proposed acquisition of 100% of the shares in P&N Beverages Australia Pty Ltd.

Statement of issues

Document title Date

Public competition assessment

Timeline

DateEvent
01/09/2010ACCC commenced review under the Merger Review Process Guidelines.
27/09/2010Closing date for submissions from interested parties.
05/10/2010ACCC timeline suspended to await further information from merger parties. Former proposed decision date of 27 October 2010 delayed.
16/11/2010ACCC received further information from merger parties. ACCC timeline recommenced.
02/12/2010ACCC published a Statement of Issues outlining preliminary competition concerns.
20/12/2010Closing date for submissions relating to Statement of Issues.
13/01/2011ACCC requested further information from Asahi. ACCC timeline suspended.
28/01/2011ACCC received further information from Asahi. ACCC timeline recommenced.
10/02/2011ACCC requested further information from Asahi. Former proposed decision date of 24 February 2011 delayed. ACCC timeline suspended pending receipt.
18/02/2011ACCC received further information from Asahi. ACCC timeline recommenced.
09/03/2011ACCC announced it would oppose the proposed acquisition.