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Bingo Industries Notes Regarding ACCC Releasing Statement of Issues Raising Preliminary Competition Concerns

29 Nov 2018  |  09:23:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: AXX: ACCC identifies concerns about Bingo acquisition

Bingo Industries noted that the ACCC has released a statement of issues raising preliminary competition concerns about Company's proposed acquisition of Dial-a-Dump. The Company and Dial-a-Dump supply building and demolition (B&D) waste collection and processing services in the Greater Sydney area. The Company and Dial-a-Dump are also future competitors for non-putrescible, or dry, landfill services when Company's Patons Lane facility becomes operational in 2019. The ACCC invited submissions from interested parties on the statement of issued by 13 December 2018.

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