Acquirer(s)
- Danaher Corporation
Target(s)
- Vision Systems Limited
Summary
Danaher Corporation proposed to acquire Vision Systems Ltd by way of a tender offer. Vision and Leica, a wholly-owned subsidiary of Danaher, supplied a range of products to the pathology industry.Market definition
Without forming a definitive view on market definition, the ACCC considered a range of markets related to various stages of pathology testing.Competition analysis
On the basis of market inquiries, the ACCC considered that a range of alternative suppliers in the relevant markets would be likely to act as a constraint on the merged entity and the proposed acquisition was therefore unlikely to result in a substantial lessening of competition.Timeline
| Date | Event |
|---|---|
ACCC commenced review under the Merger Review Process Guidelines. Market inquiries commenced |
|
Closing date for submissions from interested parties |
|
ACCC announced that it would not oppose the proposed acquisition. |