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BRIEF-ACCC Says Seeking Views On Proposed Undertaking Offered By Nutrien Regarding Its Acquisition Of Ruralco

Published 29/07/2019, 10:22 am
© Reuters.  BRIEF-ACCC Says Seeking Views On Proposed Undertaking Offered By Nutrien Regarding Its Acquisition Of Ruralco

July 29 (Reuters) - ACCC -

* SEEKING VIEWS ON A PROPOSED UNDERTAKING OFFERED BY NUTRIEN IN RELATION TO ITS PROPOSED ACQUISITION OF RURALCO

* NUTRIEN'S PROPOSED UNDERTAKING WOULD REQUIRE LANDMARK TO DIVEST 3 RURAL MERCHANDISE STORES IN BROOME, ALICE SPRINGS AND HUGHENDEN

* NUTRIEN'S PROPOSED UNDERTAKING SEEKS TO ADDRESS PRELIMINARY COMPETITION CONCERNS IDENTIFIED BY ACCC IN ITS STATEMENT RELEASED ON 13 JUNE 2019

* INDICATIVE DATE FOR FINAL DECISION ON MATTER IS 15 AUGUST 2019

* "UNDERTAKING DOES NOT SEEK TO ADDRESS POSSIBLE ISSUES AT NATIONAL OR WHOLESALE LEVELS"

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