A Welshpool industrial and commercial property, comprising more than 19,000 square metres of warehouse and office tenancies, has been brought to market by joint agents LJ Hooker Commercial Perth and CBRE.
Automotive Holdings Group has won regulatory approval for the sale of its Covs Parts business after agreeing to retain four regional stores, and has also expanded its east coast operations through another acquisition in Melbourne.
The consumer watchdog has decided not to approve GPC Asia Pacific's proposed $43 million acquisition of Automotive Holdings Group's Covs Parts business on the grounds that it would substantially lessen competition.
The competition watchdog has raised concerns regarding Automotive Holdings Group's $43 million sale of its Covs Parts business to GPC Asia Pacific, which already operates the Repco chain.
