Acquirer(s)
- Toll Holdings Ltd, Toll Transport Pty Ltd
Target(s)
- BHP Stevedoring Pty Ltd
Summary
Toll Holdings Ltd proposes to acquire the stevedoring operations of BHP Billiton Ltd by way of the acquisition of shares in BHP Stevedoring Pty Ltd. BHP Stevedoring operates at Port Kembla (NSW), Western Port (Vic), Whyalla (SA) and Bell Bay (Tas).Market definition
The relevant markets are for break-bulk stevedoring services at Port Kembla, Western Port and Whyalla, and bulk stevedoring services at Whyalla and Bell Bay.Competition analysis
Toll Holdings does not operate stevedoring services at any of the ports in question, and therefore the acquisition will not effect concentration levels in relation to the stevedoring of the relevant types of cargo at the ports in question. BHP Stevedoring handles a very small percentage of stevedoring volume nation-wide, and its major customer (95%) is BHP Steel.Merger type
Asset Sale
Guidelines thresholds
Unknown
Imports above 10%
N/A
Initiation
Parties
ANZSIC code
6621