BlueScope Steel Ltd - proposed acquisition of Orrcon Steel

Acquirer(s)

  • BlueScope Steel Ltd

Target(s)

  • Orrcon Steel

Summary

BlueScope Steel Ltd proposed to acquire Orrcon Steel from Hills Holding Limited.

Market definition

Please refer to the attached Public Competition Assessment.

Competition analysis

Please refer to the attached Public Competition Assessment.

Public competition assessment

Timeline

DateEvent
04/09/2013ACCC commenced review under the Merger Process Guidelines. Market inquiries commenced.
25/09/2013Closing date for submissions from interested parties.
15/10/2013Former proposed decision date of 31 October 2013 delayed pending receipt of further information from the merger parties. ACCC timeline suspended.
11/11/2013ACCC received further information from the merger parties. ACCC timeline recommenced.
05/12/2013ACCC announced it would not oppose the proposed acquisition.