BRIEF-Australia's ACCC Raises Prelim Concerns On Qube's Acquisition of Automotive Terminal Operator

Reuters10-24

Oct 24 (Reuters) - Australia's ACCC:

* AXX: QUBE'S PROPOSED ACQUI. OF MIRRAT RAISES PRELIM CONCERNS,AXX-QUB.AX

* SEEKING VIEWS ON A COURT-ENFORCEABLE UNDERTAKING OFFERED BY QUBE, WHICH IT HAS PUT FORWARD TO REMEDY COMPETITION CONCERNS

* CONCERNED THAT PROPOSED ACQUISITION MAY HAVE A SIGNIFICANT EFFECT ON COMPETITION IN DOWNSTREAM SERVICES

* CONCERNS RAISED WITH ACCC QUBE WOULD HAVE ACCESS TO RIVALS' COMMERCIALLY SENSITIVE INFORMATION AS TERMINAL OPERATOR

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2477459164?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-10-24 06:32","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2477459164","market":null,"top_or_hot":-1,"title":"BRIEF-Australia's ACCC Raises Prelim Concerns On Qube's Acquisition of Automotive Terminal Operator","media":"Reuters","content":"<html><body><p>Oct 24 (Reuters) - Australia's ACCC: </p><p>   * AXX: QUBE'S PROPOSED ACQUI. OF MIRRAT RAISES PRELIM CONCERNS,AXX-QUB.AX</p><p>   * SEEKING VIEWS ON A COURT-ENFORCEABLE UNDERTAKING OFFERED BY QUBE, WHICH IT HAS PUT FORWARD TO REMEDY COMPETITION CONCERNS</p><p>   * CONCERNED THAT PROPOSED ACQUISITION MAY HAVE A SIGNIFICANT EFFECT ON COMPETITION IN DOWNSTREAM SERVICES</p><p>   * CONCERNS RAISED WITH ACCC QUBE WOULD HAVE ACCESS TO RIVALS' COMMERCIALLY SENSITIVE INFORMATION AS TERMINAL OPERATOR</p><p>Source text for Eikon:    Further company coverage:   </p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BRIEF-Australia's ACCC Raises Prelim Concerns On Qube's Acquisition of Automotive Terminal Operator</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBRIEF-Australia's ACCC Raises Prelim Concerns On Qube's Acquisition of Automotive Terminal Operator\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-24 06:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Oct 24 (Reuters) - Australia's ACCC:    * AXX: QUBE'S PROPOSED ACQUI. OF MIRRAT RAISES PRELIM CONCERNS,AXX-QUB.AX   * SEEKING VIEWS ON A COURT-ENFORCEABLE UNDERTAKING OFFERED BY QUBE, WHICH IT HAS PUT...</p>\n\n<a href=\"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XKO.AU","symbol_name":"标普/澳交所 300指数","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2477459164","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2477459164","pubTimestamp":1729722720,"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"Oct 24  - Australia's ACCC:    * AXX: QUBE'S PROPOSED ACQUI. OF MIRRAT RAISES PRELIM CONCERNS,AXX-QUB.AX   * SEEKING VIEWS ON A COURT-ENFORCEABLE UNDERTAKING OFFERED BY QUBE, WHICH IT HAS PUT FORWARD TO REMEDY COMPETITION CONCERNS   * CONCERNED THAT PROPOSED ACQUISITION MAY HAVE A SIGNIFICANT EFFECT ON COMPETITION IN DOWNSTREAM SERVICES   * CONCERNS RAISED WITH ACCC QUBE WOULD HAVE ACCESS TO RIVALS' COMMERCIALLY SENSITIVE INFORMATION AS TERMINAL OPERATORSource text for Eikon:    Further company coverage:    ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"XKO.AU":"标普/澳交所 300指数","BK7079":"海港与服务","QUB.AU":"QUBE HOLDINGS LTD","XAO.AU":"标普/澳交所 普通股指数","XJO.AU":"标普/澳交所 200指数"},"translate_title":"简报-澳大利亚ACCC对Qube收购汽车码头运营商提出初步担忧","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XAO.AU":1,"XJO.AU":1,"XKO.AU":1,"QUB.AU":0.9},"content_text":"Oct 24 (Reuters) - Australia's ACCC:    * AXX: QUBE'S PROPOSED ACQUI. OF MIRRAT RAISES PRELIM CONCERNS,AXX-QUB.AX   * SEEKING VIEWS ON A COURT-ENFORCEABLE UNDERTAKING OFFERED BY QUBE, WHICH IT HAS PUT FORWARD TO REMEDY COMPETITION CONCERNS   * CONCERNED THAT PROPOSED ACQUISITION MAY HAVE A SIGNIFICANT EFFECT ON COMPETITION IN DOWNSTREAM SERVICES   * CONCERNS RAISED WITH ACCC QUBE WOULD HAVE ACCESS TO RIVALS' COMMERCIALLY SENSITIVE INFORMATION AS TERMINAL OPERATORSource text for Eikon:    Further company coverage:    ((Reuters.Briefs@thomsonreuters.com;))","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2477459164"}