Sale of Hobart International Airport Pty Ltd

Status: 
Completed
Outcome: 
Not opposed on 9 January 2008
Reference number: 
28837
Industry: 
Airport
Commenced: 
13 December 2007
Total review days: 
16 days

Acquirer(s)

  • Tasmanian Gateway Consortium

Target(s)

  • Hobart Airport

Summary

As part of the 2007-08 state budget announced on 7 June 2007, the Tasmanian Government decided to sell Hobart International Airport Pty Limited, a subsidiary of the Tasmanian Ports Corporation Pty Limited.

The successful bidder was the Tasmanian Gateway Consortium.

Market definition

The ACCC did not consider it necessary to form a view in relation to market definition.

Competition analysis

The ACCC did not consider that the acquisition would be likely to give rise to any competition issues.