UK regulator clears $1.52 bln UnitedHealth-EMIS deal
29/09/2023 07:36
Sept 29 (Reuters) - Britain's competition regulator said
on Friday it has cleared UnitedHealth Group's UNH.N 1.24
billion-pound ($1.52 billion) acquisition of healthcare
technology firm EMIS EMISG.L .
The Competition and Markets Authority (CMA) confirmed it
found no competition concerns in the deal between specialist
healthcare tech and software companies, which provide services
to Britain's National Health Service (NHS).
Optum UK, part of U.S.-based UnitedHealth, unveiled an offer
to acquire EMIS in June last year, to position the combined
entity to provide better services to the NHS.
($1 = 0.8173 pounds)
(Reporting by Richard Rohan Francis in Bengaluru; editing by
Eileen Soreng)
((RichardRohan.Francis@thomsonreuters.com;))