Acquirer(s)
- OJSC MMC Norilsk Nickel
Target(s)
- OMG Cawse Pty Ltd
Summary
OJSC MMC Norilsk Nickel - proposed acquisition of assets from OMG Kokkola Pty Ltd.Market definition
The national market for the supply of nickel.Competition analysis
The assets to be acquired from OMG Kokkola include interests in several Australian nickel mines. These mines are very small relative to both Australian and world nickel production. As the acquisition will lead to only a small increase in Norilsk's share of the national and global nickel markets, and Norilsk will continue to face numerous competitors or varying sizes, it appears unlikely that the acquisition will lead to a substantial lessening of competition.Timeline
| Date | Event |
|---|---|
ACCC began informal review. |
|
Closing date for submissions from interested parties |
|
ACCC announced decision not to oppose the merger |