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ACCC decision on Hunter Valley coal-train deal due this week

( October 3, 2016, 04:39 GMT | Insight) -- Australian antitrust authorities are due to decide this week if they will allow Pacific National and Aurizons’ A$600-million ($459-million) bid for Glencore’s Hunter Valley coal-train assets to proceed, The Australian reports. Australian antitrust authorities are due to decide this week if they will allow Pacific National and Aurizons’ A$600-million ($459-million) bid for Glencore’s Hunter Valley coal-train assets to proceed, The Australian reports. The ongoing Australian Competition and Consumer Commission inquiry is seeking to determine whether the acquisition would significantly increase Pacific National’s current 50-percent market share of the Hunter Valley market, and give it increased pricing power....

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