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News: APA ACCC Will Not Oppose Acquisition Of APA By CK Consortium

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    Sept 12 (Reuters) - AUSTRALIAN COMPETITION AND CONSUMER COMMISSION:

    • ACCC WILL NOT OPPOSE ACQUISITION OF APA
    • WILL NOT OPPOSE ACQUISITION OF APA
    • WILL NOT OPPOSE PROPOSED ACQUISITION OF APA GROUP BY CK CONSORTIUM
    • ACCEPTS COURT-ENFORCEABLE UNDERTAKING FROM CK CONSORTIUM TO DIVEST SIGNIFICANT GAS ASSETS IN WESTERN AUSTRALIA
    • PURCHASER OF DIVESTMENT ASSETS WILL NEED TO BE APPROVED BY ACCC
    • ASSETS TO BE SOLD INCLUDE PARMELIA GAS PIPELINE, GOLDFIELDS GAS PIPELINE, KALGOORLIE TO KAMBALDA PIPELINE AND MONDARRA GAS STORAGE FACILITY
 
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