Undertaking date
Undertaking type
s.87B undertaking
Reference number
MER12/9947
Section
s. 50
Company or individual details
-
Name
Flinders Ports Holdings Pty LtdACN
117 687 313
Undertaking
On 29 April 2011 the ACCC accepted a variation to the section 87B undertaking given by Flinders Ports on 9 September 2008 to take into account Flinders Ports’ proposed acquisition of DP World (SA)’s interest in the joint venture. The variations were accepted on a confidential basis until the acquisition was completed and made public
Broadly, the variations:
- adapt the obligations in the undertaking so that they are relevant to the new corporate relationship described above;
- extend the term of the undertaking so that it will continue until it is withdrawn by Flinders Ports with the consent of the ACCC or revoked by the ACCC;
- expand and clarify the types of proposed transactions of which Flinders Ports must notify the ACCC in advance; and
- expand the scope of Flinders Ports’ obligation to regularly report to the ACCC information in relation to certain requests received from third parties.
Variations
current position | date | title | variation status |
---|---|---|---|
❯ | 29 Apr 2011 | Flinders Ports Holdings Pty Ltd - variation - s.87B undertaking | variation of original |
09 Sep 2008 | Flinders Ports Holdings Pty Ltd - s.87B undertaking | original |