InvoCare Limited - proposed acquisition of Bledisloe Group Holdings Pty Ltd

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

Undertakings

Timeline

DateEvent
19/11/2010ACCC commenced review under Merger Review Process Guidelines.
30/11/2010ACCC requested further information from the merger parties. ACCC timeline suspended.
09/12/2010ACCC received further information from the merger parties. ACCC timeline recommenced.
10/12/2010Closing date for submissions from interested parties.
20/12/2010ACCC requested further information from the merger parties. ACCC timeline suspended.
04/01/2011ACCC received further information from the merger parties. ACCC timeline recommenced.
19/01/2011ACCC published a Statement of Issues outlining preliminary competition concerns.
04/02/2011Closing date for submissions relating to Statement of Issues.
17/02/2011ACCC 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.
25/03/2011ACCC received further information from the merger parties. ACCC timeline recommenced.
15/04/2011Former 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.
03/06/2011ACCC received further information from InvoCare. ACCC timeline recommenced.
08/06/201187B undertaking accepted by the ACCC.
09/06/2011ACCC announced it would not oppose the proposed acquisition, subject to a section 87B undertaking accepted by the ACCC.
16/11/2011Variation to s87B undertaking accepted by the ACCC.