Latest Australian Competition And Consumer Commission News

The ACCC has initiated Federal Court proceedings against Dusk Group's subsidiary, alleging supply of button battery products without completed safety testing and breaches of prior undertakings.

Genesis Minerals and Vault Minerals have agreed to merge, creating a top-3 Australian gold producer with a pro-forma market cap of about A$12.66 billion and annual production of 600-700koz.

Genesis Minerals and Vault Minerals have agreed to merge in a deal valuing Vault at about A$5.6 billion, creating a top-three Australian gold producer with pro-forma annual production of 600-700koz and estimated synergies of A$2 billion.

Count Limited has received Australian Competition and Consumer Commission clearance for its Oracle Group acquisition and locked in a $116.6 million debt facility with Commonwealth Bank to fund the deal and support growth.

Qube Holdings' acquisition by Rubik Australia is now legally effective following Supreme Court approval, with trading suspension imminent. The company has declared a fully franked special dividend of $0.3465 per share, payable mid-July, ahead of the scheme implementation in August.

Qube Holdings Limited will be removed from the S&P/ASX 200 Index before trading opens on July 9, 2026, following its pending acquisition by Rubik Australia, pending final court approval. Develop Global Limited will take its place in the index.

Advent Energy, in which MEC Resources holds a 37.95% stake, will challenge a Federal Court judgment on the PEP11 offshore gas exploration permit, with its subsidiary Asset Energy leading the appeal.

Peter Warren Automotive’s planned acquisition of Wakeling Automotive hits a regulatory and timing impasse as vendors refuse to extend the deal’s Sunset Date despite ACCC application adjustments.

The ACCC has stepped in to prevent Coles from acquiring a leasehold for a new supermarket and liquor store in Kalgoorlie, citing risks of reduced competition and the potential exit of an independent rival.

The ACCC has rejected Coles’ plan to acquire a leasehold for a new supermarket and liquor store in Kalgoorlie-Boulder, citing risks of reduced competition and the potential exit of an independent rival.

Ampol has finalized its $1.165 billion acquisition of EG Australia, adding around 480 sites and 4,200 employees to its retail footprint. The deal is expected to deliver $65-80 million in synergies and boost earnings per share.

Elders Limited has finalised the sale of Killara Feedlot to Australian Meat Group, marking a key step in its strategy to reduce net debt.