Acquirer(s)
- The Consortium
Target(s)
- Asciano Limited
Timeline
| Date | Event |
|---|---|
ACCC commenced review under the Merger Process Guidelines. |
|
Former closing date for interested party submissions of 9 December 2015 delayed pending clarification about the transaction structure. |
|
ACCC received further information from the Consortium, closing date for submissions from interested parties updated to 18 December 2015 and proposed decision date updated to 18 February 2016. |
|
Closing date for submissions from interested parties. |
|
ACCC received further information from the Consortium, proposed decision date updated to 24 March 2016. |
|
Asciano announced a potential acquisition by a consortium including both Qube and Brookfield Infrastructure Partners. ACCC timeline suspended. |
|
Following an announcement by Asciano that it had entered into a new binding agreement with Brookfield, Qube and others, the ACCC discontinued this review. The ACCC commenced a review of the new joint proposal to acquire Asciano on 30 March 2016. |