Mergers

ACCC opposes Healthscope's proposed acquisition of Brunswick Private Hospital

The Australian Competition and Consumer Commission will oppose the proposed acquisition by Healthscope Limited of the Brunswick Private Hospital from Healthe Care Pty Ltd.

Brunswick Private Hospital is the largest private provider of rehabilitation services in the northern suburbs of Melbourne. Healthscope is a large national provider of private hospital services.

ACCC calls for comment on Elgas’ proposed acquisition of Kleenheat’s east coast LPG business

The Australian Competition and Consumer Commission has released a Statement of Issues outlining competition concerns with the proposed acquisition by Elgas Limited of Wesfarmers Kleenheat Gas Pty Ltd’s east coast LPG business.

Elgas is a member of the BOC Group of companies, which is owned by the Linde Group, an international gases and engineering company. Kleenheat is a wholly-owned subsidiary of Wesfarmers Limited.

ACCC will not oppose proposed acquisition of the fuel division of the Scotts Group by Caltex following divestiture remedy

The Australian Competition and Consumer Commission has announced that it will not oppose the proposed acquisition by Caltex Australia Limited of the fuel division of the Scotts Group after accepting an undertaking from Caltex to sell four retail fuel sites in South Australia and Victoria.

Australia and China to increase cooperation on mergers regulation

The Australian Competition and Consumer Commission and the Ministry of Commerce of the People's Republic of China (MOFCOM) have signed a memorandum of understanding.

ACCC Chairman Rod Sims said the agreement paves the way for increased communication and cooperation between the agencies on mergers which affect both the Australian and Chinese markets.

ACCC will not oppose Peregrine's proposed acquisition of BP petrol station sites in SA

The Australian Competition and Consumer Commission will not oppose the proposed acquisition by Peregrine Corporation (Peregrine) of BP Australia's (BP) company- owned and operated retail petrol station sites in South Australia, after accepting a court-enforceable undertaking.

The undertaking requires Peregrine to divest four petrol stations in Adelaide to address the ACCC’s competition concerns associated with a concentration of Peregrine sites in particular local areas.

The ACCC's approach to merger reviews

The ACCC reviews mergers and acquisitions to determine whether they are likely to substantially lessen competition, with the aim of ensuring that markets work well for consumers.

ACCC to not oppose Transurban Consortium’s proposed acquisition of the tollroad assets of Queensland Motorways Group

The Australian Competition and Consumer Commission will not oppose the proposed acquisition by the Transurban Consortium (including Transurban Group) of the tollroad and associated assets of Queensland Motorways Group. It is proposed that Transurban would be the entity responsible for operating the QM Group tollroad assets, should the Transurban Consortium’s bid be successful.

The consortium consists of AustralianSuper Pty Ltd, Tawreed Investments Limited, Transurban Holdings Limited, Transurban International Limited and Transurban Infrastructure Management Limited.

ACCC will not oppose MIRRAT proposed acquisition of lease to operate automotive terminal at Port of Melbourne

The Australian Competition and Consumer Commission has announced that it will not oppose the proposed acquisition by Melbourne International RoRo & Auto Terminal (MIRRAT) of a long-term lease to operate the Webb Dock West automotive terminal at the Port of Melbourne and currently under the control of the Port of Melbourne Corporation, after accepting a court-enforceable undertaking.

ACCC releases Statement of Issues on proposed acquisition of Brunswick Private Hospital by healthscope

The Australian Competition and Consumer Commission has released a Statement of Issues (SoI) outlining concerns with the proposed acquisition of the Brunswick Private Hospital, in Melbourne’s north, by Healthscope Limited from Healthe Care Australia Pty Ltd.

The SoI seeks more information on competition issues which have arisen from the ACCC’s review to date.

ACCC does not oppose IAG's insurance acquisition

The Australian Competition and Consumer Commission has announced that it will not oppose IAG’s proposed acquisition of Wesfarmers’ insurance underwriting business.

IAG’s proposed acquisition was publicly announced in December 2013. The ACCC has closely reviewed the proposed acquisition as IAG and Wesfarmers are the first and fifth or sixth-largest general insurers in Australia, respectively, and the largest suppliers of rural insurance products.