Peter Warren Update on Wakeling Automotive Acquisition
Key points
- Acquisition deadline extended to 21 September 2026
- ACCC extends review deadline to 4 September 2026
- Company continues to work on the Transaction
Full summary
Peter Warren Automotive Holdings Limited (ASX: PWR) has announced an extension to the deadline for its proposed acquisition of Wakeling Automotive, now set for 21 September 2026. This follows the Australian Competition and Consumer Commission's (ACCC) decision to extend its Phase 1 review deadline to 4 September 2026. The acquisition is subject to a share purchase agreement and a business purchase agreement, both of which must complete simultaneously. Peter Warren continues to work on the Transaction and will provide further updates as appropriate.
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