Viva Energy - proposed acquisition of Liberty Oil

Acquirer(s)

  • Viva Energy Australia Pty Ltd

Target(s)

  • Liberty Oil Holdings Pty Ltd

Summary

Viva Energy Australia Pty Ltd (Viva) proposes to acquire the remaining 50 per cent interest in Liberty Oil Holdings Pty Ltd (Liberty). As a part of the transaction, the assets of Liberty’s retail business will be transferred to a new company. Viva will hold a 50 per cent interest in the new retail company.

Viva's operations in Australia include refining, importing, wholesale and retail supply of fuel products.

Liberty is a wholesaler and retailer of fuel products.

Market inquiries

Submissions are invited from interested parties regarding the proposed acquisition of Liberty by Viva by 9 May 2019.

Submissions should be forwarded electronically (preferably in PDF format) to mergers@accc.gov.au with the title: 'Submission re: Viva / Liberty – attention Andrew Mahony and Stella Leung'.

Following 9 May 2019, queries regarding the ACCC's review may be addressed to Andrew Mahony and Stella Leung at mergers@accc.gov.au. For more details, please refer to the attached market inquiries letter.

Market inquiries

Document title Date

Timeline

DateEvent
18/04/2019ACCC commenced informal review under the Informal Merger Review Process Guidelines.
09/05/2019Closing date for submissions from interested parties.
27/06/2019Provisional date for announcement of ACCC’s findings (as outlined in the Informal Merger Review Process Guidelines, this may be a final decision or release of a Statement of Issues).

Project staff

  • Andrew Mahony
  • Stella Leung

Contact email