Agilent Technologies Inc - proposed acquisition of Varian Inc

Acquirer(s)

  • Agilent Technologies Inc

Target(s)

  • Varian Inc

Summary

Competition analysis

A Public Competition Assessment will be published in due course.

Public competition assessment

Document title Date

Undertakings

Document title Date

Timeline

DateEvent
16/10/2009ACCC received submission from the merger parties.
26/10/2009ACCC requested information from the merger parties.
29/10/2009ACCC commenced review under the Merger Review Process Guidelines. Market inquiries commenced.
04/11/2009ACCC received further information from the merger parties.
16/11/2009Closing date for submissions from interested parties.
25/11/2009ACCC requested further information from the merger parties. ACCC timeline suspended.
02/12/2009ACCC requested further information from the merger parties.
04/12/2009ACCC received further information from the merger parties, in response to the ACCC's request of 25 November 2009. ACCC timeline remains suspended, pending receipt of the parties' response to the ACCC's request of 2 December 2009.
16/12/2009Former proposed date for announcement of ACCC's findings, amended to allow for provision of further information by the merger parties.
03/02/2010ACCC received further information from the merger parties, in response to the ACCC's request of 2 December 2009. ACCC timeline recommenced.
04/03/2010ACCC received a further submission from the merger parties.
10/03/2010Former proposed date for announcement of ACCC's findings, amended to allow the ACCC to consider the further submission provided by the merger parties on 4 March 2010.
31/03/2010ACCC announced it would not oppose the proposed acquisition, subject to a court enforceable undertaking offered by the merger parties.
31/03/2010Section 87B undertaking accepted by ACCC.
The ACCC requested further information from the merger parties during this review, resulting in the timeline being suspended for 49 business days.