Acquirer(s)

  • InvoCare Limited

Target(s)

  • Bledisloe Group Holdings Pty Ltd

Summary

InvoCare Limited proposed to acquire 100% of the shares in Bledisloe Group Holdings Pty Ltd. InvoCare was the largest provider of funeral services in Australia and the largest operator of private cemeteries and crematoria. Bledisloe was one of the leading providers of funeral services in Australia and also operated private cemeteries and crematoria in Queensland.

Competition analysis

Please see Public Competition Assessment below.

Public competition assessment

Document title Date
Public Competition Assessment

Timeline

Date Event

ACCC commenced review under Merger Review Process Guidelines.

ACCC requested further information from the merger parties. ACCC timeline suspended.

ACCC received further information from the merger parties. ACCC timeline recommenced.

Closing date for submissions from interested parties.

ACCC requested further information from the merger parties. ACCC timeline suspended.

ACCC received further information from the merger parties. ACCC timeline recommenced.

ACCC published a Statement of Issues outlining preliminary competition concerns.

Closing date for submissions relating to Statement of Issues.

ACCC requested further information from the merger parties. Former proposed decision date of 3 March 2011 delayed. ACCC timeline suspended pending receipt. ACCC will announce a new proposed decision date upon receipt of further information from the parties.

ACCC received further information from the merger parties. ACCC timeline recommenced.

Former proposed decision date for announcement of ACCC's findings of 21 April 2011 suspended at the request of InvoCare to allow the merger parties to provide further information.

ACCC received further information from InvoCare. ACCC timeline recommenced.

87B undertaking accepted by the ACCC.

ACCC announced it would not oppose the proposed acquisition, subject to a section 87B undertaking accepted by the ACCC.

Variation to s87B undertaking accepted by the ACCC.