Acurity takeover bid extended as ComCom decision pushed out

Mon, 24 Nov 2014

By Paul McBeth Nov. 25 (BusinessDesk) - Connor Healthcare's takeover bid for private hospital operator Acurity Health Group has been pushed out to Dec. 12 after the Commerce Commission delayed its expected decision on whether to approve the deal. The competition regulator is assessing whether the takeover by Acurity's three biggest shareholders will substantially lessen competition in the private hospital market in Wellington and the surrounding regions, given Connor investor Evolution Healthcare's ownership of Boulcott Hospital in Lower...

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