UnitedHealth, EMIS Merger Cleared Provisionally by UK Regulator
August 11 2023 - 2:52AM
Dow Jones News
By Anthony O. Goriainoff
The U.K.'s Competition and Markets authority said it hasn't
found any competition concerns in the UnitedHealth Group and EMIS
Group merger so far following an in-depth investigation, clearing
the 1.2 billion pounds ($1.52 billion) deal provisionally.
The regulator said Friday that it will now consult on its
findings and listen to any further views before it reaches a final
decision, adding that it welcomed responses from interested parties
until Sept. 1. Its final report is due Oct. 5, it said.
UnitedHealth and EMIS are specialist health care tech and
software companies, which provide services to the U.K.'s National
Health Service.
In March the CMA said it decided to refer the merger to a next
phase investigation after considering that initial undertakings
wouldn't achieve a reasonable solution following concerns that it
could reduce competition, leading to worse outcomes for the
National Health Service and patients and taxpayers.
Write to Anthony O. Goriainoff at
anthony.orunagoriainoff@dowjones.com
(END) Dow Jones Newswires
August 11, 2023 02:37 ET (06:37 GMT)
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