Sonic Healthcare Limited - proposed acquisition of pathology businesses of Healthscope Limited in Queensland and Western Australia

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

Public competition assessment

Document title Date

Timeline

DateEvent
16/05/2012ACCC commenced review under the Merger Review Process Guidelines.
06/06/2012Closing date for submissions from interested parties.
03/07/2012ACCC 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.
27/07/2012ACCC received submissions from the merger parties following ACCC's request for information on 3 July 2012. ACCC timeline recommenced.
02/08/2012ACCC published a Statement of Issues outlining preliminary competition concerns.
16/08/2012Closing date for submissions relating to Statement of Issues.
27/08/2012ACCC 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.
14/09/2012ACCC received further information from the merger parties. ACCC timeline recommenced.
17/09/2012Sonic announced that it no longer proposes to acquire Healthscope's pathology businesses in New South Wales and the ACT.
11/10/2012ACCC announced it would oppose the proposed acquisition in Queensland but would not oppose the proposed acquisition in Western Australia.