The ACCC today announced it will oppose the proposed acquisition by Sonic Healthcare Limited (Son...
Issued: 11th October 2012 Release # NR 216/12
16th May 2012
ACCC commenced review under the Merger Review Process Guidelines.
6th June 2012
Closing date for submissions from interested parties.
3rd July 2012
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.
27th July 2012
ACCC received submissions from the merger parties following ACCC's request for information on 3 July 2012. ACCC timeline recommenced.
2nd August 2012
ACCC published a Statement of Issues outlining preliminary competition concerns.
16th August 2012
Closing date for submissions relating to Statement of Issues.
27th August 2012
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.
14th September 2012
ACCC received further information from the merger parties. ACCC timeline recommenced.
17th September 2012
Sonic announced that it no longer proposes to acquire Healthscope's pathology businesses in New South Wales and the ACT.
11th October 2012
ACCC announced it would oppose the proposed acquisition in Queensland but would not oppose the proposed acquisition in Western Australia.
* Total Review days = Total business days less public holidays and time during which the review was suspended.