05/09/2026
ACCC approves Peter Warren's acquisition of Wakeling Automotive's dealership sites subject to conditions
The ACCC has approved Peter Warren Automotive Holdings Limited’s (ASX: PWR) (Peter Warren) acquisition of Wakeling Automotive Group’s new car dealerships, subject to conditions that Peter Warren divest eight dealership sites.
Peter Warren and Wakeling Automotive both operate new car dealerships around the suburbs of Campbelltown, Narellan and Smeaton Grange in Sydney’s Macarthur region. The dealerships also offer servicing and repairs.
The ACCC found that the proposed acquisition could substantially lessen competition in the supply of new cars, servicing and repairs in the Macarthur region......
http://infoblaze.com/news/details/118919
ACCC