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Igneo's purchase of Benedict Recycling approved by Australian antitrust regulator

( December 3, 2025, 01:08 GMT | Official Statement) -- MLex Summary: Igneo Infrastructure Partners’ acquisition of Benedict Recycling has been approved after the transaction was restructured, the Australian competition watchdog said. In a statement on Wednesday, the Australian Competition & Consumer Commission said it was concerned that the deal, in its original form, would have led to higher prices or reduced service quality for those seeking to dispose of mixed building and demolition waste in the Newcastle region in the state of New South Wales. The regulator said that following further engagement, the merger parties restructured the transaction to exclude Benedict Recycling’s Newcastle Recycling Centre in Mayfield West, including its assets, staff and equipment, from the transaction.Statement follows:...

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