Regulatory obstacles unlikely for Ebos' A$1.17b LifeHealthcare purchase

Ebos CEO John Cullity doesn't want to pre-empt regulators. (Image: supplied)

Tue, 25 Jan 2022

Ebos Group's purchase of the LifeHealthcare business is unlikely to have trouble clearing competition watchdogs on either side of the Tasman since its existing medical devices business is quite small.Ebos bought the LMT and National Surgical businesses in late 2019 for A$34 million compared with the LifeHealthcare purchase price of A$1.17 billion.In August last year, it also announced the purchase of Pioneer Medical, a New Zealand-based importer and distributor of spine and major joint implants and associated surgical technologies.Ebos didn...

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