Acquirer(s)

  • Pacific National Pty Ltd

Target(s)

  • Glencore Rail (NSW) Pty Ltd

Statement of issues

Timeline

Date Event

ACCC commenced review under the Merger Process Guidelines.

ACCC requested further information from Pacific National.

Closing date for submissions. ACCC assessing information provided during market inquiries and consulting with merger parties on any relevant issues or concerns arising.

ACCC received further information from Pacific National.

ACCC published a Statement of Issues outlining preliminary competition concerns.

Following an announcement by Glencore that it had reached an agreement to sell GRail to Genesee & Wyoming Australia, the ACCC discontinued this review.