( July 16, 2026, 06:55 GMT | Official Statement) -- MLex Summary: The proposed acquisition of 100 percent of the shares of Utility Management Group, trading as Pipe Management Australia, by Total Drain Group, trading as TDG Environmental, is facing a review by Australia’s competition watchdog. In a statement published on Wednesday, the Australian Competition & Consumer Commission said TDG and Pipe Management Australia overlap in supplying collection and maintenance services to stormwater and wastewater customers and, to a more limited extent, to customers in the infrastructure, commercial and industrial sectors. The regulator is seeking views on the deal until Wednesday.Statement follows. Questionnaire is attached....
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