( September 16, 2025, 06:45 GMT | Official Statement) -- MLex Summary: The review of a proposal by CAR Group, the publicly listed owner of carsales.com.au, to acquire Mojo Holdco, the holding company for Machines4U, is back on track, with Australia’s mergers regulator announcing it had received the additional information it had requested. In a statement on its website, the Australian Competition & Consumer Commission also announced a new deadline of Oct. 16 for an announcement on the deal. The regulator’s review had been suspended on Aug. 29. CAR operates in the US, South Korea, Chile and Brazil, as well as Australia; Machines4U is an Australian online-listings portal specializing in new and used industrial machinery. The review is taking place under Australia’s informal notification mechanism.The full entry on the Australian Competition & Consumer Commission website follows: ...
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