Coles - proposed acquisition of a supermarket lease in Lakelands Western Australia

Status: 
Completed
Outcome: 
Not opposed subject to undertakings on 2 July 2015
Reference number: 
56824
Industry: 
Supermarkets
Commenced: 
7 May 2015
Total review days: 
40 days

Acquirer(s)

  • Coles

Target(s)

  • a supermarket lease in Lakelands Western Australia

Undertakings

Document title Date
Coles Group Property Developments Ltd and Coles Supermarkets Australia Pty Ltd section 87B undertaking - Signed 1 July 2015 ( PDF 5.55 MB ) 1 Jul 2015

Timeline

DateEvent
07/05/2015Draft 87B undertaking offered by Coles. As the undertaking offered by Coles at an early stage addressed the competition concern, the ACCC did not consider it necessary to conduct a full public review of the proposed acquisition.
02/07/2015ACCC announced it would not oppose the proposed merger, subject to a section 87B undertaking accepted by the ACCC.