BRIEF-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 Source text for Eikon: Further company coverage:
