PrixCar Services Pty Ltd - proposed acquisition of Wallenius Wilhelmsen Logistics Australia Pty Limited

Acquirer(s)

  • PrixCar Services Pty Ltd

Target(s)

  • Wallenius Wilhelmsen Logistics Australia Pty Limited

Summary

PrixCar proposed to acquire WWLA. As consideration for the sale, WWL (the owner of WWLA) would acquire a 20 per cent equity interest in PrixCar.

Timeline

DateEvent
23/11/2017ACCC commenced review under the Merger Process Guidelines.
11/12/2017Closing date for submissions from interested parties.
06/02/2018Former proposed decision date of 22 February 2018 delayed to allow the merger parties time to provide previously requested information.
26/03/2018Following notification by the merger parties that the proposed merger has been terminated, the ACCC has discontinued this review.