BRIEF-ACCC says will not oppose acquisition of OneSteel Sheet and Coil Business from Arrium by Bluescope Steel

Thu, 06 Mar - 8:27am

March 6 (Reuters) - Australian Competition and Consumer Commission :

* Will not oppose proposed acquisition of onesteel sheet and coil business from Arrium Limited by Bluescope Steel

* BlueScope agreed to provide court enforceable undertaking requiring it to sell its sheet and coil processing assets in Western Australia

* Will not oppose proposed acquisition by Bluescope Steel after accepting undertaking from BlueScope to sell its sheet and coil processing assets in Western Australia

* Source text for Eikon News Search ID:nASX8g15y3

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URN: 
urn:newsml:reuters.com:20140305:nWNBS00CTN:6
Topics: 
AU CMPNY MINE ASIA BLR DEAL1 LEN MRG RTRS BACT MIN BMAT STL REGS MTAL STEE

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