Oct 8 (Reuters) - Australian Competition & Consumer Commission:
- HAS PRELIMINARY COMPETITION CONCERNS ABOUT PROPOSED ACQUISITION BY ALSCO PTY LTD OF SPOTLESS GARMENTS
- PRELIMINARY VIEW IS THAT ALSCO & SPOTLESS GARMENTS ARE EACH OTHER’S CLOSEST COMPETITOR
- TO EXPLORE IF EXISTING SUPPLIERS & LINEN FOCUSED LAUNDRY SUPPLIERS WILL CONSTRAIN ALSCO POST-ACQUISITION BEFORE FINAL DECISION MADE
- "GARMENT CUSTOMERS THAT OPERATE ACROSS AUSTRALIA WITH LARGE VOLUME REQUIREMENTS WILL HAVE NO COMPARABLE ALTERNATIVES" DUE TO DEAL
Source: https://bit.ly/2SB6s2e
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News: DOW Australia's ACCC Raises Preliminary Competition Concerns On Alsco's Spotless Garments...
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Last
$6.95 |
Change
0.020(0.29%) |
Mkt cap ! $4.667B | |||
| Open | High | Low | Value | Volume |
| $6.93 | $6.96 | $6.90 | $4.136M | 595.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 599 | $6.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.96 | 15333 | 3 |
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| Last trade - 16.10pm 08/08/2025 (20 minute delay) ? |
| DOW (ASX) Chart |