I'd be surprised if it doesn't get the nod from ACCC. They don't really compete on anything. So there is hardly any anti-competitive, monopolistic ground that ACCC can argue. I can't see the Treasurer blocking it on national energy security grounds either. As far as I can see, I reckon the biggest stumbling block to the deal will be whether the proposed ratio will be sufficient to appease the STO holders given the relatively low valuation STO is trading on compared to WDS.
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