Acquirer(s)
- CSR Ltd
Target(s)
- Boral Ltd
Summary
CSR Limited and Boral Limited proposed to form a joint venture to combine their brick operations located on the east coast of Australia including operations in New South Wales, Victoria, Queensland, South Australia, Tasmania and the ACT.Market definition
Please see attached the Public Compestition Assessment.Competition analysis
Please see attached the Public Compestition Assessment.Statement of issues
Document title | Date | |
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Statement of Issues - PDF Version |
Public competition assessment
Timeline
Date | Event |
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ACCC commenced review under the Merger Review Process Guidelines. |
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ACCC requested further information from the joint venture parties. |
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Closing date for submissions for interested parties. |
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ACCC requested further information from the joint venture parties. Former proposed decision date of 26 June 2014 delayed to accommodate provision of requested information from the joint venture parties. |
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ACCC received the joint venture parties' response to its information request of 29 April 2014. |
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Review suspended at the request of the joint venture parties. The joint venture parties have requested more time to provide additional information to the ACCC (including information requested by the ACCC on 16 May 2014). |
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ACCC received additional information from the joint venture parties. |
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ACCC published a Statement of Issues outlining preliminary competition concerns. |
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Closing date for submissions relating to Statement of Issues. |
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ACCC announced it would not oppose the proposed joint venture. |