Origin Energy Ltd - proposed acquisition of Sun Gas

Acquirer(s)

  • Origin Energy Limited

Target(s)

  • Sun Gas

Summary

Origin sought to acquire Sun Gas, a gas retailing business that was being privatised by the Queensland Government.

Market definition

For detailed market definition refer to Public Competition Assessment below.

Competition analysis

For detailed competition analysis refer to Public Competition Assessment below.

Public competition assessment

Document title Date

Timeline

DateEvent
09/08/2006ACCC commenced review under the Merger Review Process Guidelines. Market inquiries commence
04/09/2006Closing date for submissions from interested parties
27/09/2006ACCC requested further information from Origin. Timeline suspended.
11/10/2006ACCC advised Origin that it had serious competition concerns & undertaking would be required.
12/10/2006ACCC gives Origin further time to make corporate decisions and seek information.
27/11/2006AGL announced as winning bidder for Sun Gas. Negotiations discontinued.