Tony White Group's bid for Sharton Motors' dealerships reviewed in Australia
( May 13, 2026, 00:22 GMT | Official Statement) -- MLex Summary: Tony White Group Hunter Dealerships’ proposal to acquire 95 percent of the share capital of Sharton Motors and the land on which the motor-dealership businesses are operated will be reviewed by Australia’s competition watchdog. In a statement on Wednesday, the Australian Competition & Consumer Commission said both Tony White Group and Sharton Motors supply new and used cars, associated servicing, repair and sale of parts and accessories in Australia’s Newcastle and Hunter Valley region in the state of New South Wales. The regulator is seeking feedback on the deal until May 20 and is likely to issue a determination by June 25.Statement follows. Questionnaire is attached....
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