Statement of Preliminary Issues released for proposed acquisition of Pulse Health by owner of Wakefield and Bowen private hospitals

The Commerce Commission has published a Statement of Preliminary Issues relating to an application from Pacific 2021 Bidco NZ Limited (Pacific 2021) seeking clearance to acquire 100% of the shares in Pulse Health NZ Limited (Pulse) from Healthe Care Australia Pty Ltd (Healthe Care).

Companies related to Pacific 2021 have ownership interests in several healthcare operations including Bowen Hospital and Wakefield Hospital in Wellington. Pulse operates the Boulcott Hospital in Wellington. The application for clearance includes an undertaking from Pacific 2021 to divest the Boulcott Hospital.

The Statement outlines the key competition issues that the Commission considers important in deciding whether or not to grant clearance to the proposed acquisition.

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