DYWIDAG-Systems International Group - proposed acquisition of Jennmar Australia

Acquirer(s)

  • DYWIDAG-Systems International Group

Target(s)

  • Frank Calandra Inc

Statement of issues

Document title Date

Timeline

DateEvent
29/02/2016ACCC commenced review under the Merger Process Guidelines.
14/03/2016Closing date for submissions from interested parties. ACCC assessing information provided during market inquiries and consulting with merger parties on any relevant issues or concerns arising.
21/03/2016ACCC requested further information from the merger parties.
04/04/2016ACCC received further information from the merger parties.
21/04/2016ACCC published a Statement of Issues outlining preliminary competition concerns.
05/05/2016ACCC requested further information from the merger parties.
12/05/2016Closing date for submissions relating to Statement of Issues.
30/05/2016Former proposed decision date of 16 June 2016 delayed at the request of the merger parties to allow them to provide additional information.
30/06/2016ACCC received further information from the merger parties. ACCC timeline recommenced.
20/07/2016The parties withdrew their application for informal clearance. The ACCC had expressed competition concerns with the proposed acquisition in the Statement of Issues published on 21 April 2016 and was about to announce its final decision on 21 July. If the parties choose to do so, they may make a fresh application for a restructured proposal in due course.