UnitedHealth, EMIS Merger Provisionally Cleared by UK Regulator--Update
11 Agosto 2023 - 7:25AM
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-Optum UK
and EMIS Group merger so far following an in-depth investigation,
provisionally clearing the 1.2 billion pound ($1.52 billion)
deal.
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 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 referred the merger to a next-phase
investigation after considering that initial undertakings wouldn't
achieve a reasonable solution to concerns that it could reduce
competition, leading to worse outcomes for the National Health
Service, patients and taxpayers.
Optum UK, a subsidiary of UnitedHealth, said in a statement it
welcomed the findings and would "continue to engage cooperatively
with the CMA until its investigation concludes."
"We remain focused on supporting the long-term success of the
NHS. Our aim is to help make the U.K. health care system work
better for general practitioners and patients alike," it said.
Write to Anthony O. Goriainoff at
anthony.orunagoriainoff@dowjones.com
(END) Dow Jones Newswires
August 11, 2023 06:10 ET (10:10 GMT)
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