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
$6.87 |
Change
-0.030(0.43%) |
Mkt cap ! $4.613B | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 990 | $6.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.91 | 990 | 2 |
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