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Deal details may be sought upfront for merger-notification waiver, Australian government says

( September 3, 2025, 03:11 GMT | Official Statement) -- MLex Summary: Comprehensive acquisition information including market definitions and “commercial rationale” may be required to obtain a merger-notification waiver, the Australian government has said. Australia’s Treasury Department released a draft for consultation outlining a proposed form and process for merger-notification waivers, set to take effect on Jan. 1, 2026. According to the draft published today, parties seeking a waiver would need to disclose extensive deal information, including whether related filings have been or will be made in other jurisdictions. In an explanatory statement released along with the draft, the government said that the waiver application form establishes “upfront information requirements for notification waivers.”The full statement by the Australian Treasury Department follows and the Exposure Draft and an Explanatory Statement are attached:Merger notification waiver form – exposure draft...

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