Peter Warren Automotive Extends Wakeling Automotive Deal Deadline

MT Newswires Live

Aug 20

Peter Warren Automotive Holdings (ASX:PWR) extended the sunset date for its proposed acquisition of Wakeling Automotive to Sept. 21 from Sept. 8, as the Australian Competition and Consumer Commission (ACCC) continues its phase one review of the transaction and the proposed remedy, according to an Australian bourse filing on Wednesday after market hours.

The ACCC is expected to extend its review deadline to Sept. 4 to allow more time to consider the application and proposed remedy, the filing added.

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