Acquirer(s)

  • Sonic Healthcare Limited

Target(s)

  • Healthscope Limited

Summary

Sonic Healthcare Limited proposed to acquire the pathology businesses of Healthscope Limited in the states of Queensland and Western Australia.

On 11 October 2012, the ACCC announced that it would oppose the proposed acquisition in Queensland but would not oppose the proposed acquisition in Western Australia.

Reasons for the ACCC's decision in relation to the proposed acquisition are provided in the Public Competition Assessment.

Market definition

Please refer to the Public Competition Assessment.

Competition analysis

Please refer to the Public Competition Assessment.

Statement of issues

Document title Date
Statement of Issues

Public competition assessment

Document title Date
Public Competition Assessment

Timeline

Date Event

ACCC commenced review under the Merger Review Process Guidelines.

Closing date for submissions from interested parties.

ACCC requested further information from the merger parties. ACCC timeline suspended. Former proposed decision date for announcement of ACCC's findings of 12 July 2012 delayed pending receipt of information requested.

ACCC received submissions from the merger parties following ACCC's request for information on 3 July 2012. 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. ACCC timeline suspended. Former proposed decision date of 30 August 2012 delayed pending receipt of information from the parties. ACCC will announce a new proposed decision date in due course.

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

Sonic announced that it no longer proposes to acquire Healthscope's pathology businesses in New South Wales and the ACT.

ACCC announced it would oppose the proposed acquisition in Queensland but would not oppose the proposed acquisition in Western Australia.