Commonwealth Bank of Australia - proposed acquisition of BankWest and St Andrew's Australia

Status: 
Completed
Outcome: 
Not opposed on 10 December 2008
Reference number: 
34568
Industry: 
Banking
Commenced: 
20 October 2008
Total review days: 
25 days

Acquirer(s)

  • Commonwealth Bank of Australia

Target(s)

  • St Andrews Australia Pty Ltd<br/> Bank of Western Australia Limited

Market definition

Refer to attached Public Competition Assessment.

Competition analysis

Refer to attached Public Competition Assessment.

Public competition assessment

Document title Date
Public Competition Assessment ( PDF 167.1 KB ) 10 Dec 2008

Timeline

DateEvent
20/10/2008ACCC commenced review under the Merger Review Process Guidelines.
22/10/2008ACCC requested further information from Commonwealth Bank of Australia. ACCC timeline suspended.
10/11/2008Closing date for submissions from interested parties.
11/11/2008ACCC received further information from Commonwealth Bank of Australia. ACCC timeline recommenced.
10/12/2008ACCC announced it would not oppose the proposed acquisition.