A Commerce Commission decision on a proposed takeover of Acurity Health Group by Connor Healthcare has been delayed from this Friday until December 12.
Connor has already been granted Overseas Investment Office permission and has gained more than the minimum 90% shareholder acceptances Connor requires.
In a market update yesterday, Connor said the commission had requested extra information on whether the takeover would substantially lessen competition in the private hospital markets in Wellington and the surrounding region.
Acurity's major competitor in the Wellington market is Southern Cross, New Zealand's largest private healthcare organisation.
