Westpac Banking Corporation - proposed acquisition of St George Bank Limited

Acquirer(s)

  • Westpac Banking Corporation

Target(s)

  • St George Bank Limited

Statement of issues

Document title Date

Public competition assessment

Document title Date

Timeline

DateEvent
02/06/2008ACCC commenced review under the Merger Review Process Guidelines.
23/06/2008Closing date for submissions from interested parties.
23/07/2008ACCC published a Statement of Issues outlining preliminary competition concerns.
30/07/2008Former proposed date for announcement of ACCC's findings, amended to allow for comments on the Statement of Issues.
06/08/2008Closing date for submissions relating to the Statement of Issues.
13/08/2008ACCC announced it would not oppose the proposed acquisition.