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​ACCC launches informal review of Quadrant's proposed acquisition of Fitness First Asia Pacific

( October 21, 2016, 03:08 GMT | Official Statement) -- MLex Summary: The Australian Competition and Consumer Commission has launched an informal review of Quadrant Private Equity’s proposed acquisition of gym chain Fitness First Asia Pacific Group Pty Ltd. According to media reports, the proposed acquisition follows Quadrant’s purchase of the Goodlife Health Clubs for $260 million and Jetts Fitness, creating the largest gym group in Australia. Inputs will be accepted until Nov. 9, 2016.The regulator's full statement is attached....

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