ACCC to monitor effect of Qube’s acquisition of Newcastle Agri Terminal

Pictured: grains of wheat. Photo credit: Suraj Tripathi via Pixabay

By the ACCC

The Australian Competition & Consumer Commission has decided it will not pursue enforcement action in relation to Qube’s (ASX:QUB) completed acquisition of Newcastle Agri Terminal (NAT) at this time.

However, the ACCC remains concerned with potential impacts on the supply chain for bulk grain export through the Port of Newcastle, and will continue to monitor developments in the industry.

Qube completed its acquisition...

https://www.shippingaustralia.com.au/accc-to-monitor-effect-of-qubes-acquisition-of-newcastle-agri-terminal/

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