Wesfarmers, Built Group's proposed joint venture under review in Australia
( August 7, 2026, 04:06 GMT | Official Statement) -- MLex Summary: Wesfarmers and Built Group's plan to establish the joint venture Built Living, which would manufacture prefabricated residential apartment buildings on a national basis, is under review by Australia's competition watchdog. The Australian Competition & Consumer Commission on Thursday said Wesfarmers is a diversified publicly listed retailer and industrials group, while Built Group is a privately-held construction and development company. The watchdog said the deadline for submissions is Aug. 14, with a final decision due by Sept. 17.Statement follows. Questionnaire attached. ...
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