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​ACCC outlines concerns over DSI, Jennmar Australia deal

( April 21, 2016, 02:12 GMT | Official Statement) -- MLex Summary: The Australian Competition & Consumer Commission is concerned that a proposed acquisition of the Jennmar Australia ground support business owned by Frank Calandra Inc by DYWIDAG-Systems International Group, which would result in the merger of the two largest Australian suppliers of rock bolts to soft rock mines, would substantially reduce competition in the national market for soft rock bolts. The proposed acquisition is part of a global transaction between DSI and Frank Calandra Inc. The commission is seeking submissions until May 12.  The regulator's statement follows and its statement of issues is attached: ...

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