Acquirer(s)

  • Link Administration Holdings Limited

Target(s)

  • Superannuation Corporation Administration (trading as Pillar)

Statement of issues

Timeline

Date Event

ACCC commenced review under the Merger Process Guidelines.

Closing date for submissions. ACCC assessing information provided during market inquiries and consulting with merger parties on any relevant issues or concerns arising.

ACCC published a Statement of Issues outlining preliminary competition concerns.

Closing date for submissions relating to Statement of Issues. ACCC assessing information provided during market inquiries and consulting with merger parties on any relevant issues or concerns arising.

The ACCC requested further information from the parties. The previous provisional date for the ACCC's decision (15 December 2016) was delayed to allow it to receive and consider this information.

Following the NSW Treasurer's announcement that it had reached an agreement to sell Pillar to Mercer (Australia) Pty Ltd, the ACCC discontinued this review.