The Australian Competition Authority clears a merger on the market for supply of floor-plan financing to motor vehicle dealerships, point-of-sale retail finance to customers of motor vehicle dealerships and equipment finance to a range of businesses (Lloyds International / Westpac Banking)

ACCC to not oppose Westpac’s proposed acquisition of Lloyd’s assets* The Australian Competition and Consumer Commission will not oppose the proposed acquisition of certain assets of Lloyds International Pty Ltd including Capital Finance Australia Limited (CFAL) and BOS International (Australia) Limited (BOSI) (Lloyds) by Westpac Banking Corporation (Westpac). Westpac (through its subsidiary St. George) and Lloyds (through CFAL) compete in the supply of floor-plan financing to motor vehicle

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

Quotation

Australian Competition Authority, The Australian Competition Authority clears a merger on the market for supply of floor-plan financing to motor vehicle dealerships, point-of-sale retail finance to customers of motor vehicle dealerships and equipment finance to a range of businesses (Lloyds International / Westpac Banking), 4 December 2013, e-Competitions Bulletin December 2013, Art. N° 61014

Visites 103

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues