Brief: Healius Acknowledges Australian Competition & Consumer Commission Decision on ACL Takeover

Healius

15/12/2023 03:49

Dec 15 (Reuters) - Healius Ltd  HLS.AX :
    * ACCC REJECTION AND ACL NOTICE OF INTENTION TO WITHDRAW
OFFER,ACL
    * ACKNOWLEDGES TODAY'S AUSTRALIAN COMPETITION & CONSUMER
COMMISSION (ACCC) DECISION
    * DECISION TO OPPOSE PROPOSED ACQUISITION OF HEALIUS BY
AUSTRALIAN
CLINICAL LABS LIMITED
    * TAKEOVER OFFER WILL NOT BE PROCEEDING.
    * FURTHER ACKNOWLEDGES ANNOUNCEMENT BY ACL THAT IT INTENDS
TO
APPLY TO ASIC FOR CONSENT TO WITHDRAW ITS PROPOSED TAKEOVER
OFFER FOR HEALIUS
    * HEALIUS WELCOMES TODAY'S ANNOUNCEMENTS FROM ACCC AND ACL
    * CONSENT IS NOT GRANTED, TAKEOVER OFFER TO LAPSE ON 29 FEB
2024
    * BOARD AND MANAGEMENT REMAINS FOCUSED ON RUNNING HEALIUS'
BUSINESS IN BEST INTERESTS OF SHAREHOLDERS

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 ((Reuters.Briefs@thomsonreuters.com;))