BG Group Plc - proposed acquisition of Origin Energy Limited

Acquirer(s)

  • BG Group Plc

Target(s)

  • Origin Energy Limited

Timeline

DateEvent
25/06/2008ACCC commenced review under the Merger Review Process Guidelines.
11/07/2008Closing date for submissions from interested parties.
11/08/2008ACCC requested further information from BG Group. ACCC timeline suspended.
19/08/2008Draft 87B undertaking proffered by BG. ACCC commenced market inquiries. Timeline recommenced.
19/08/2008Former proposed date for announcement of ACCC's findings, amended to allow for public consultation on draft 87B undertakings.
26/08/2008Closing date for submissions relating to draft 87B undertaking.
10/09/2008In light of BG's announcement of 9 September 2008, the ACCC does not expect to make a decision on the proposed acquisition. The ACCC will suspend the timeline pending the expiry of BG's offer period on 26 September 2008.
26/09/2008BG announced that its offer for Origin Energy has lapsed with conditions unfulfilled. ACCC review discontinued.