Link Administration Holdings Limited - possible acquisition of Superannuation Corporation Administration (trading as Pillar)

Status: 
Completed
Outcome: 
No decision on 2 December 2016
Reference number: 
59198
Industry: 
Superannuation administration
Commenced: 
17 August 2016
Total review days: 
76 days

Acquirer(s)

  • Link Administration Holdings Limited

Target(s)

  • Superannuation Corporation Administration (trading as Pillar)

Statement of issues

Document title Date
Statement of Issues - 13 October 2016 - PDF version ( PDF 258.14 KB ) 13 Oct 2016

Timeline

DateEvent
17/08/2016ACCC commenced review under the Merger Process Guidelines.
02/09/2016Closing date for submissions. ACCC assessing information provided during market inquiries and consulting with merger parties on any relevant issues or concerns arising.
13/10/2016ACCC published a Statement of Issues outlining preliminary competition concerns.
28/10/2016Closing 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.
31/10/2016The 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.
02/12/2016Following the NSW Treasurer's announcement that it had reached an agreement to sell Pillar to Mercer (Australia) Pty Ltd, the ACCC discontinued this review.