South32 Limited - proposed acquisition of Metropolitan Collieries Pty Ltd

Acquirer(s)

  • South32 Limited

Target(s)

  • Metropolitan Collieries Pty Ltd

Statement of issues

Timeline

DateEvent
02/12/2016ACCC commenced review under the Merger Process Guidelines.
22/12/2016ACCC requested further information from the merger parties.
23/12/2016Closing date for submissions from interested parties.
13/01/2017ACCC received further information from the merger parties.
08/02/2017Former provisional decision date of 16 February 2017 delayed by ACCC to allow additional time to consider the proposed acquisition.
23/02/2017ACCC published a Statement of Issues outlining preliminary competition concerns.
06/03/2017ACCC requested further information from the vendor.
10/03/2017Closing date for submissions relating to Statement of Issues. ACCC assessing information provided during market inquiries and consulting with merger parties on any relevant issues or concerns arising.
16/03/2017ACCC received further information from the vendor.
23/03/2017Former proposed decision date of 6 April 2017 delayed by ACCC to allow additional time to consider the proposed acquisition.
18/04/2017Following South32's announcement that it will not proceed with its proposed acquisition of Metropolitan Collieries, the ACCC discontinued this review.