Obayashi-Multiplex deal approved by Australian watchdog
( August 19, 2026, 06:08 GMT | Official Statement) -- MLex Summary: Obayashi Corporation’s proposed acquisition of construction company Multiplex has been approved by Australia's competition watchdog following its Phase 1 assessment. The Australian Competition & Consumer Commission on Tuesday said it found limited horizontal overlap between the parties’ large-scale building construction services because Obayashi has only a small presence in Australia. The regulator concluded the acquisition is unlikely to substantially lessen competition, noting the merged entity would continue to face competition from alternative suppliers for large-scale Australian construction projectsStatement follows. Determination attached. ...
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