Connor Healthcare takeover of Acurity stalls as ComCom seeks extension

Tue, 04 Nov 2014

By Suze Metherell Nov. 5 (BusinessDesk) - Connor Healthcare's takeover for the 29 percent of Acurity Health Group it doesn't already own has stalled after the Commerce Commission requested an extension past the offer's closing date. Connor, which is made up of Acurity's three largest shareholders, has received approval from the Overseas Investment Office but the antitrust regulator has pushed out its deadline past the offer's closing date of Nov. 21, Acurity said in a statement. According to its website, the Commission's deadline its now...

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