Southern Community Laboratories, currently contracted to provide pathology services for eight District Health Boards, has been cleared to take over Medlab South Limited.
It will result in the transfer of Medlab South's contracts with the Nelson/Marlborough and South Canterbury DHBs to provide pathology testing services.
Medlab South is part of the Sonic Healthcare group of companies, an Australian-listed company, which provides pathology and radiology services in Australia, Europe, the USA and New Zealand.
The Commerce Commission says the acquisition is unlikely to reduce the ability of Sonic, or any other pathology provider, to compete for contracts when they are next offered for tender.
