To read that press release at face value, Lumibird barely operates in the Australian market so the takeover of Ellex's business couldn't have the effect of substantially lessening competition, and an ACCC all-clear should be on the way in under 2 months. Great value again at these levels.
News: ELX Lumibird Aims To Aquire Ellex’S Laser And Ultrasound Business By Mid-2020, page-3
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