Undertaking date
Undertaking type
s.87B undertaking
Reference number
D99/17151
Section
s. 50
Company or individual details
-
Name
Sigma Company LimitedACN
004 132 923
Undertaking
Proposed acquisition by Sigma of QDL was not opposed, because the concerns raised by the Commission that the acquisition would reduce competition in the pharmaceuticals wholesaling business in Victoria.
The undertaking was such that should Sigma acquire QDL, it would then sell the two Victorian short line wholesaling businesses, Western Supply Company Pty Ltd and LKJ Newman & Co Pty Ltd that were recently acquired by QDL.