Acquirer(s)

  • Icon Group

Target(s)

  • a lease at St Andrew's Ipswich Private Hospital

Summary

The Icon Group (Icon Group) proposes to acquire a lease to establish a new radiation oncology clinic at Ramsay Health Care’s (Ramsay) St Andrew’s Ipswich Private Hospital in Queensland.

Icon is a large provider of cancer care services. In Australia, Icon provides radiation oncology services, pharmaceutical compounding services, pharmacy management services and clinical cancer trials. Icon operates radiation oncology clinics in all states of Australia and the ACT.

Ramsay is the largest operator of private hospitals in Australia. St Andrew’s Ipswich Private Hospital is owned and operated by Ramsay. 

Market inquiries

Submissions are invited from interested parties regarding the ACCC's Statement of Issues in relation to Icon’s proposed acquisition of a lease to establish a new radiation oncology clinic at Ramsay’s St Andrew’s Ipswich Private Hospital in Queensland by 20 June 2024

Submissions should be forwarded electronically (preferably in PDF format) to mergers@accc.gov.au with the title: "Submission re: Icon Group". 

For more details, please refer to the Statement of Issues published below. 

Following 20 June 2024, queries regarding the ACCC’s review may also be addressed to mergers@accc.gov.au.

Timeline

Date Event

ACCC commenced informal review under the Informal Merger Review Process Guidelines.

Closing date for submissions.

ACCC published a Statement of Issues outlining preliminary competition concerns.

Closing date for submissions relating to Statement of Issues.

Proposed date for announcement of ACCC’s decision.

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