This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

​Link Group undeterred in bid for Pillar despite ACCC concerns

( October 14, 2016, 06:57 GMT | Insight) -- Link Group has hinted it will not drop plans to bid for state-owned funds administrator Pillar Administration, despite the Australian Competition & Consumer Commission raising concerns that the possible acquisition would reduce competition in the supply of superannuation administration services in New South Wales, The Australian reports.Link Group has hinted it will not drop plans to bid for state-owned funds administrator Pillar Administration, despite the Australian Competition & Consumer Commission raising concerns that the possible acquisition would reduce competition in the supply of superannuation administration services in New South Wales, The Australian reports. Pillar and Link are the only two administration service providers that service larger superannuation funds, but Link is expected to test the competition regulator’s views, saying it has defined the market too narrowly. Formal bids for Pillar are expected in coming weeks, with the New South Wales government intends to finalize the divestment before the end of the year.  ...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login