Mergers and acquisitions play a critical role in ensuring the efficient functioning of the economy, but as you know they also generate complex competition issues which can hold up (or even derail) transactions.
In Australia there are two merger control regimes – for competition issues affecting Australian markets,
the Australian Competition and Consumer Commission ("ACCC") and for foreign investors, the Foreign Investment Review Board ("FIRB"). See our toolkit for our assistance with FIRB approvals.
Reassurance you will get the advice you need
In competition reviews, we have a strong track record of achieving many of Australia’s most significant and complex merger and acquisition clearances including some that have broken new ground in competition law. We provide strategic advice to our clients on the likely regulatory response and steps required to achieve the outcome you want. In FY2021, we acted for the buyer, seller, bidder or interested party in almost half of all ACCC public informal merger reviews, and acted in 67% of complex matters (where the ACCC issued a Public Competition Assessment). As at June 2021, we are acting for interested parties in over a third of the ACCC's current public informal merger reviews.
How we add value
We assist clients to understand the issues arising with complex merger clearance and how best to resolve them. Our experience advising on many of Australia's most complex mergers and acquisition means that we are well placed to provide our clients with innovative solutions that are unique, meet their objectives and often lead to significant financial returns.
We are known for our positive and collaborative engagement and have an in-depth understanding of issues arising throughout the clearance process and how to resolve them, including Court and review options.
Streamlining our advice
A highly integrated team combines competition advisory and litigation, lowering the overall cost and risk in dealing with multiple advisers. We focus on ensuring that we understand your business well and can deal appropriately at each level of the business to provide accurate, timely, commercial advice.