Wesfarmers Ltd - proposed acquisition of interests in Burrup Holdings Ltd and/or Burrup Fertilisers Pty Ltd

Acquirer(s)

  • Wesfarmers Ltd

Target(s)

  • Burrup Fertilisers Pty Ltd

Summary

On 17 December 2010, receivers were apppointed to Burrup Fertilisers Pty Ltd and certain shareholdings of its holding company, Burrup Holdings Ltd. Wesfarmers proposed to acquire all or part of Burrup Fertilisers Pty Ltd, its assets or the shares in Burrup Holdings Ltd.

Market definition

Please see Public Competition Assessment.

Competition analysis

Please see Public Competition Assessment.

Statement of issues

Document title Date

Public competition assessment

Document title Date

Timeline

DateEvent
14/02/2011ACCC commenced review under the Merger Review Process Guidelines.
01/03/2011Closing date for submissions from interested parties.
09/03/2011ACCC requested further information from Wesfarmers. Former proposed date for announcement of ACCC's findings of 14 April 2011, amended to allow for provision of further information.
21/03/2011ACCC received further information from Wesfarmers. ACCC timeline recommenced.
07/04/2011ACCC timeline suspended pending receipt of further information requested from Burrup Holdings. Former proposed date of 28 April 2011 delayed to allow provision of information.
18/04/2011ACCC received further information from Burrup Holdings. ACCC timeline recommenced.
11/05/2011ACCC published a Statement of Issues outlining preliminary competition concerns.
20/05/2011ACCC requested further information from Wesfarmers. Former proposed decision date of 23 June 2011 delayed. ACCC timeline suspended pending receipt of information requested.
30/05/2011Closing date for submissions relating to Statement of Issues.
04/07/2011ACCC received further information from Wesfarmers. ACCC timeline recommenced.
27/07/2011ACCC announced it would not oppose the proposed acquisition.