Acquirer(s)

  • South32 Limited

Target(s)

  • Metropolitan Collieries Pty Ltd

Statement of issues

Timeline

Date Event

ACCC commenced review under the Merger Process Guidelines.

ACCC requested further information from the merger parties.

Closing date for submissions from interested parties.

ACCC received further information from the merger parties.

Former provisional decision date of 16 February 2017 delayed by ACCC to allow additional time to consider the proposed acquisition.

ACCC published a Statement of Issues outlining preliminary competition concerns.

ACCC requested further information from the vendor.

Closing 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.

ACCC received further information from the vendor.

Former proposed decision date of 6 April 2017 delayed by ACCC to allow additional time to consider the proposed acquisition.

Following South32's announcement that it will not proceed with its proposed acquisition of Metropolitan Collieries, the ACCC discontinued this review.