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News: ABC Adelaide Brighton Notes ACCC Enquiries Into Barro Group Acquisition

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    25/10/19
    10:10
    Post #: 41062613

    Oct 25 (Reuters) - Adelaide Brighton Ltd (ABC) :

    • ADELAIDE BRIGHTON LTD - NOTES THAT BARRO GROUP'S STAKE IN ADELAIDE BRIGHTON HAS BEEN ACQUIRED OVER A 21 YEAR PERIOD
    • ADELAIDE BRIGHTON LTD - CONSIDERS THAT PRODUCTS AND LOCATIONS IN WHICH IT AND BARRO GROUP DO COMPETE ARE LIMITED
    • ADELAIDE BRIGHTON LTD - WILL COOPERATE WITH ACCC IN THIS PROCESS
    • ADELAIDE BRIGHTON -ACCC HAS INDICATED IT WILL CONDUCT MARKET ENQUIRIES INTO BARRO GROUP ACQUISITION'S OF ITS CURRENT INTEREST IN ADELAIDE BRIGHTON
    • ADELAIDE BRIGHTON - ACCC SAYS INVESTIGATION FOCUSED ON IMPACT ON COMPETITION IN PRODUCTS, LOCATIONS WHERE BARRO & CO MAY COMPETE WITH EACH OTHER
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