Acquirer(s)
- Nestle Australia Ltd
Target(s)
- Novartis Australia's medical nutrition business
Summary
Nestle Australia Ltd proposes to acquire Novartis Australia's medical nutrition business.Competition analysis
On the information available to the ACCC, there appeared to be no significant overlap between the products supplied by Nestle and Novartis in Australia. Even if a national market for the supply of milk modifiers was adopted, the proposed acquisition was unlikely to substantially lessen competition particularly given the small increase in Nestle Australia's market share post-acquisition.Timeline
| Date | Event |
|---|---|
ACCC commenced review under the Merger Review Process Guidelines. |
|
Closing date for submissions from interested parties. |
|
Proposed date for announcement of ACCC's findings. |