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BRIEF-ACCC Raises Concerns On Bunnings' Adelaide Tools Deal

Published 14/02/2020, 12:32 pm
© Reuters.  BRIEF-ACCC Raises Concerns On Bunnings' Adelaide Tools Deal

Feb 14 (Reuters) - Australian Competition & Consumer Commission:

* AUSTRALIAN COMPETITION & CONSUMER COMMISSION SAYS IT RAISES CONCERNS ON PROPOSED ACQUISITION OF ADELAIDE TOOLS AND OAKLANDS MOWER CENTRE BY BUNNINGS

* AUSTRALIA'S ACCC SAYS PRELIMINARY CONCERNS ARE THAT DEAL MAY LESSEN COMPETITION IN TOOLS AND OUTDOOR POWER EQUIPMENT MARKET IN ADELAIDE

* AUSTRALIA'S ACCC SAYS FINAL DECISION SCHEDULED FOR APRIL 23 ON BUNNINGS' ADELAIDE TOOLS DEAL Source: Further company coverage: WES.AX

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