Target(s)
- Baker Hughes Incorporated
Statement of issues
Timeline
| Date | Event |
|---|---|
| 21/04/2015 | ACCC commenced review under the Merger Process Guidelines. |
| 19/06/2015 | Former proposed decision date of 9 July 2015 delayed to allow receipt of further information from Halliburton. |
| 22/06/2015 | ACCC requested further information from Baker Hughes. |
| 31/07/2015 | ACCC received further information from Halliburton and Baker Hughes. |
| 11/09/2015 | ACCC received further information from Halliburton. ACCC timeline recommenced. |
| 07/10/2015 | Former proposed decision date of 15 October 2015 delayed at the request of the merger parties to allow them to provide more information. |
| 16/10/2015 | ACCC received further information from Halliburton. ACCC timeline recommenced. |
| 23/10/2015 | ACCC published a Statement of Issues outlining preliminary competition concerns. |
| 01/12/2015 | Former proposed decision date of 17 December 2015 delayed to allow the merger parties additional time to provide information and to allow the ACCC to consider the information it has received. |
| 24/12/2015 | ACCC requested further information from Halliburton and Baker Hughes. |
| 15/02/2016 | ACCC requested further information from Halliburton. |
| 26/02/2016 | ACCC received further information from Baker Hughes. |
| 10/03/2016 | ACCC received further information from Halliburton in response to the ACCC request of 24 December 2015. ACCC assessing a large amount of information. |
| 20/04/2016 | Halliburton requested further time to provide information to the ACCC. The timeline will be updated with a proposed decision date in due course. |
| 02/05/2016 | ACCC discontinued its public review after Halliburton advised that the proposed acquisition would not be proceeding. |