February 14, 2020 / 1:34 AM / 14 days ago

BRIEF-ACCC Raises Concerns On Bunnings' Adelaide Tools Deal

Feb 14 (Reuters) - Australian Competition & Consumer Commission:

* AUSTRALIAN COMPETITION & CONSUMER COMMISSION SAYS IT RAISES CONCERNS ON PROPOSED ACQUISITION OF ADELAIDE TOOLS AND OAKLANDS MOWER CENTRE BY BUNNINGS

* AUSTRALIA’S ACCC SAYS PRELIMINARY CONCERNS ARE THAT DEAL MAY LESSEN COMPETITION IN TOOLS AND OUTDOOR POWER EQUIPMENT MARKET IN ADELAIDE

* AUSTRALIA'S ACCC SAYS FINAL DECISION SCHEDULED FOR APRIL 23 ON BUNNINGS' ADELAIDE TOOLS DEAL Source: bit.ly/37s6HBw Further company coverage:

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