CK Consortium - proposed acquisition of APA Group

Acquirer(s)

  • CK Consortium

Target(s)

  • APA Group

Summary

CK Consortium (comprising CK Infrastructure Holdings, CK Asset Holdings, and Power Asset Holdings) proposes to acquire APA Group.

Market definition

Please refer to the Public Competition Assessment.

 

Competition analysis

Please refer to the Public Competition Assessment.

Timeline

DateEvent
26/06/2018ACCC commenced review under the Merger Process Guidelines.
13/07/2018Closing date for submissions from interested parties.
04/09/2018Former proposed decision date of 13 September 2018 brought forward a day to 12 September 2018.
12/09/2018ACCC announced it would not oppose the proposed acquisition, subject to a section 87B divestment undertaking accepted by the ACCC.