Brief: Australia's ACCC Consults On Aurizon Proposed One Rail Acquisition

Aurizon Holdings

09/06/2022 02:45

June 9 (Reuters) - Australian Competition and Consumer
Commission:
    * CONSULTS ON AURIZON'S PROPOSED ONE RAIL ACQUISITION AND
DIVESTITURE
    * HAS RELEASED A DRAFT OF AURIZON'S PROPOSED DIVESTMENT
UNDERTAKING FOR PUBLIC CONSULTATION AS PART OF ITS STATEMENT OF
ISSUES
    * ALSO CONSIDERING WHETHER THE PROPOSED ACQUISITION WOULD
SUBSTANTIALLY LESSEN  COMPETITION
    * HAS NOT FORMED A VIEW ABOUT WHETHER PROPOSED UNDERTAKING
CAN
RESOLVE ACCC'S PRELIMINARY COMPETITION CONCERNS
    * INVITES SUBMISSIONS FROM INTERESTED PARTIES IN RESPONSE TO
STATEMENT OF  ISSUES & UNDERTAKING CONSULTATION BY 23 JUNE
    * ACCC’S FINAL DECISION IS SCHEDULED FOR 14 JULY
    * CONSIDERING IMPACT OF DEAL ON POTENTIAL FUTURE COMPETITION
IN
SUPPLY OF NON-COAL BULK RAIL HAULAGE

Source text for Eikon:  ID:nASX8wXH1P 
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