BP - proposed acquisition of Woolworths' retail service station sites

Acquirer(s)

  • BP

Target(s)

  • Woolworths' retail service station sites

Summary

B P Australia Pty Limited proposes to acquire Woolworths Limited's network of retail service station sites.

Market definition

Please refer to the Public Competition Assessment.

Competition analysis

Please refer to the Public Competition Assessment.

Market inquiries

Document title Date

Statement of issues

Document title Date

Public competition assessment

Document title Date

Timeline

DateEvent
15/03/2017ACCC commenced review under the Merger Process Guidelines.
14/04/2017Closing date for submissions from interested parties.
10/07/2017Former proposed decision date of 13 July 2017 delayed by agreement to allow the parties to provide additional information.
28/07/2017ACCC received information from the parties.
10/08/2017ACCC published a Statement of Issues outlining preliminary competition concerns.
07/09/2017Closing date for submissions relating to Statement of Issues.
19/09/2017ACCC published Local Market Screening.
28/09/2017Closing date for submissions relating to Local Market Screening.
04/10/2017Former proposed decision date of 26 October 2017 delayed to allow more time for data analysis, and to consider information provided by parties and market participants.
29/11/2017Former proposed decision date of 30 November 2017 delayed on request from the parties to allow the ACCC to consider further information from the parties.
14/12/2017ACCC announced it would oppose the proposed acquisition.