June 23, 2019 / 11:54 PM / 2 months ago

Australia's competition watchdog voices concern over AP Eagers-Automotive Holdings deal

June 24 (Reuters) - Australia’s competition regulator expressed concern on Monday over AP Eagers Ltd’s proposed takeover of smaller auto retailer Automotive Holdings Group Ltd.

The Australian Competition & Consumer Commission (ACCC) said its preliminary concerns were over competition in new car retailing in the Newcastle/Hunter Valley region of New South Wales state. (Reporting by Nikhil Kurian Nainan in BENGALURU Editing by Paul Tait)

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