kirsten webb thank you so much for your time and all of the best in your endeavors to help as many as you can. thank you. of course everybody at home, you can help the victims of the kentucky flooding. go to cnn.com/impact to get more information. now let s take a step back for the big picture here. we ll go to the weather center. is the worst over for folks in eastern kentucky in terms of rainfall, damage, potentially more flash flooding? there is going to be a short term break and that will be good news for the recovery, the cleanup process, but then there is going to be more in just a few more days so that short-term period is very short term. in terms of getting a break from the rain. let s look back at the last several days. this is since monday. the focal point is basically from this west virginia/virginia eastern kentucky period all the way stretching back toward kansas city. you can see some of the pink
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Woolworths stake acquisition in PFD Food Services not opposed
Woolworths stake acquisition in PFD Food Services not opposed Share
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Deal: The ACCC has confirmed it is not opposing the 65 per cent stake acquisition of PFD Food Services Group by Woolworths Group Limited.
Value: Undisclosed.
Area: M&A, competition.
Key players: The legal team advising Woolworths was led by Clayton Utz competition national practice group leader Kirsten Webb, with support from partner Mihkel Wilding. Corporate partner Geoff Hoffman lead the corporate elements of the transaction.
Deal significance: As per a statement provided by Clayton Utz, the ACCC said it would not oppose the acquisition after it concluded, after a nine-month investigation, that it was not likely to substantially lessen competition.