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UNH UnitedHealth Group Inc

516.83
-4.52 (-0.87%)
24 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
UnitedHealth Group Inc NYSE:UNH NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -4.52 -0.87% 516.83 520.225 515.23 519.20 3,055,557 01:00:00

UnitedHealth, EMIS Merger Cleared Provisionally by UK Regulator

11/08/2023 7:52am

Dow Jones News


UnitedHealth (NYSE:UNH)
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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)

Copyright (c) 2023 Dow Jones & Company, Inc.

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