| 10/05/2012 | The ACCC commenced a review under the Merger Review Process Guidelines. SITA has requested that the ACCC consider and consult upon an in-principle divestiture proposal whereby it would divest its 50 per cent interest in the Springmount JV which it would acquire as a result of the proposed acquisition. Market inquiries regarding the proposed acquisition and in-principle divestiture proposal commenced concurrently. |
| 25/05/2012 | ACCC requested further information from SembSITA. ACCC timeline suspended and former proposed decision date of 28 June 2012 amended to allow for the parties to respond to ACCC information requests. |
| 30/05/2012 | ACCC received further information from SembSITA. ACCC timeline recommenced. |
| 31/05/2012 | Closing date for submissions from interested parties. |
| 12/06/2012 | Draft 87B undertaking proffered by SembSITA. ACCC commenced market inquiries. |
| 21/06/2012 | Closing date for submissions relating to draft 87B undertaking. |
| 29/06/2012 | ACCC discontinued its public review after SembSITA advised that the proposed acquisition would not be proceeding. |
