ComCom clears A$1.17b Ebos buy

Thu, 31 Mar 2022

The Commerce Commission has cleared Ebos Group’s A$1.17 billion acquisition of LifeHealthcare.LifeHealthcare is a major medical devices supplier.When announcing the deal Ebos’ chief executive John Cullity said while there was some overlap, he didn’t expect there to be significant issues with the regulator.The regulator greenlighted the deal, saying it was unlikely to substantially lessen competition in New Zealand.Its investigation had focused on the supply of products used in spinal surgery as this is where the merging p...

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