In this edition of Gilbert + Tobin’s Corporate Advisory Update, we focus on key legal developments over the last month which are particularly relevant to in-house counsel.
The ACCCs recommended merger reforms: a deeper dive
The ACCCs recommended reforms have several significant implications for merging parties:
- Regulatory conditions precedent will be required, on introduction of mandatory and suspensory ACCC notification: Above certain thresholds or on call-in, a merger would be required to be notified and could not be completed until ACCC approval is received. At the same time, a mandatory, suspensory regime could potentially offer a more certain and efficient review process, if regime parameters are set appropriately.
- Higher proc…
Read the full article at: https://www.gtlaw.com.au/knowledge/corporate-advisory-update-august-2023