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Peter Warren Automotive Holdings Limited
2 posts
Peter Warren’s (ASX: PWR) A$28m Wakeling deal clears ACCC after eight-dealership remedy
Peter Warren Automotive Holdings Limited has secured conditional Australian Competition and Consumer Commission approval for its acquisition of Wakeling Automotive, but the automotive retailer must divest eight dealership sites after regulators concluded the original combination could substantially lessen competition in Sydney’s Macarthur region.
Peter Warren’s Wakeling deal hits ACCC Phase 2 as ASX:PWR faces a tougher consolidation test
Peter Warren’s Wakeling deal has entered ACCC Phase 2 as ASX:PWR faces margin pressure. Find out what this means for investors today!