UK's EMIS jumps as CMA provisionally clears takeover by UnitedHealth

EMIS

11/08/2023 08:23

** Shares of healthcare technology firm EMIS  EMISG.L  up
25% at 1,908p; highest in more than ten months
    ** Stock among top pct gainers across London
    ** Britain's Competition and Markets Authority
(CMA)provisionally clears UnitedHealth Group's  UNH.N  1.24 bln
pound($1.58 bln) acquisition of EMIS
    ** CMA provisionally finds no competition concerns in the
deal
    ** If gains hold, EMIS is set to post biggest one-session
gain since June 2022
    ** As of last close, stock down 18.4% YTD
    
($1 = 0.7867 pounds)


    
   

 (Reporting by Hani Kollathodi in Bengaluru)
 ((Hani.Kollathodi@thomsonreuters.com;))