- Cougar Mining Group Pty Ltd
Bis Industries Holdings Limited (Bis) proposed to acquire Cougar Mining Group Pty Ltd (Cougar). The proposed acquisition did not include Australian Mining Equipment (formerly Cougar IME), CH4 Drilling (formerly Cougar Drilling) and Cougar Stratajacks.
Bis and Cougar both provided support services to the coal mining industry, including the hiring out of underground longwall relocation equipment and other specialised mining equipment.
|17/05/2019||ACCC commenced informal review under the Informal Merger Process Guidelines.|
|31/05/2019||Closing date for submissions from interested parties.|
|08/08/2019||ACCC published a Statement of Issues outlining preliminary competition concerns.|
|23/08/2019||Closing date for submissions from interested parties relating to the Statement of Issues.|
|11/09/2019||Former proposed date for announcement of findings (24th October) is delayed to allow Bis more time to provide additional information. ACCC will announce a revised proposed decision date in due course.|
|22/11/2019||ACCC discontinued its public review after Bis informed of its intention to withdraw the proposed acquisition.|