Acquirer(s)

  • BG Group Plc

Target(s)

  • Origin Energy Limited

Timeline

Date Event

ACCC commenced review under the Merger Review Process Guidelines.

Closing date for submissions from interested parties.

ACCC requested further information from BG Group. ACCC timeline suspended.

Draft 87B undertaking proffered by BG. ACCC commenced market inquiries. Timeline recommenced.

Former proposed date for announcement of ACCC's findings, amended to allow for public consultation on draft 87B undertakings.

Closing date for submissions relating to draft 87B undertaking.

In light of BG's announcement of 9 September 2008, the ACCC does not expect to make a decision on the proposed acquisition. The ACCC will suspend the timeline pending the expiry of BG's offer period on 26 September 2008.

BG announced that its offer for Origin Energy has lapsed with conditions unfulfilled. ACCC review discontinued.