Bunnings-Intellihub proposed joint venture reviewed in Australia
( August 20, 2026, 05:47 GMT | Official Statement) -- MLex Summary: Bunnings Group and Intellihub Australia’s proposal to establish an incorporated joint venture to operate their Zelora home renewable energy business is under regulatory review. Zelora, currently an unincorporated joint venture between the companies, supplies solar and battery solutions to Australian households. In a statement late on Wednesday, the Australian Competition & Consumer Commission said that under the proposed transaction, Bunnings and Intellihub would acquire shares in newly incorporated Zelora TopCo, which would then acquire the assets used in the existing Zelora business and Intellihub’s Enreal business. The regulator is likely to issue a determination by Sept. 29.Statement follows.Bunnings – Intellihub – Zelora Joint Venture...
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