Peter Warren-Wakeling deal approved with conditions by Australian regulator
( September 4, 2026, 01:18 GMT | Official Statement) -- MLex Summary: Peter Warren Automotive’s proposed acquisition of 30 Wakeling Automotive dealership sites has been approved with conditions by the Australian competition watchdog. In a statement on Friday, the Australian Competition & Consumer Commission said the approval is 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 regulator said without the conditions, the acquisition would have resulted in Peter Warren operating 25 out of 34 new car dealerships in the region.Statement follows. Determination is attached....
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