Brief: Australia's ACCC Raises Prelim Concerns On Qube's Acquisition of Automotive Terminal Operator

Qube Holdings

23/10/2024 23:32

Oct 24 (Reuters) - Australia's ACCC: 
    * AXX: QUBE'S PROPOSED ACQUI. OF MIRRAT RAISES PRELIM
CONCERNS,AXX-QUB.AX
    * SEEKING VIEWS ON A COURT-ENFORCEABLE UNDERTAKING OFFERED
BY
QUBE, WHICH IT HAS PUT FORWARD TO REMEDY COMPETITION CONCERNS
    * CONCERNED THAT PROPOSED ACQUISITION MAY HAVE A SIGNIFICANT
EFFECT ON COMPETITION IN DOWNSTREAM SERVICES
    * CONCERNS RAISED WITH ACCC QUBE WOULD HAVE ACCESS TO
RIVALS'
COMMERCIALLY SENSITIVE INFORMATION AS TERMINAL OPERATOR

Source text for Eikon:  ID:nASX6FlzRD 
Further company coverage:  QUB.AX 

 ((Reuters.Briefs@thomsonreuters.com;))