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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Isoft Fpo | ASX:ISF | Australian Stock Exchange | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.00 | - |
The European Commission said Tuesday it has cleared U.S. technology company Computer Sciences Corp. (CSC) to buy Australian healthcare software supplier iSOFT Group Ltd. (ISF.AU), as the combination would not undermine competition.
"The Commission concluded that the integration of CSC and iSOFT would not significantly reduce competing IT service providers' access to healthcare software in particular in the U.K., where the merging parties' market shares are the highest," said the commission, which has antitrust powers within the European Union, in a statement.
"iSOFT's competitors would also retain a sufficient customer base," it added.
-By Alessandro Torello, Dow Jones Newswires; +32 2 741 14 88; alessandro.torello@dowjones.com
1 Year Isoft Group Chart |
1 Month Isoft Group Chart |
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