( August 13, 2026, 05:38 GMT | Official Statement) -- MLex Summary: The proposed acquisition of Utility Management Group, trading as Pipe Management Australia, by Total Drain Group, trading as TDG Environmental, has been cleared by Australia’s competition watchdog. In a determination on Thursday, the Australian Competition & Consumer Commission said despite stakeholder concerns that the deal would reduce competition and customer choice, the parties’ customers expected to retain access to a range of alternative suppliers post-acquisition. TDG and Pipe Management Australia overlap in supplying collection and maintenance services to stormwater and wastewater customers.Determination is attached....
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