Unitedhealth Group Inc. (UNH)

$ 497.12
   
  • Change Today:
    $-0.18
  • 52 Week High: $552.97
  • 52 Week Low: $439.20
  • Currency: US Dollars
  • Shares Issued: 924.00m
  • Volume: 3,188,374
  • Market Cap: $459,339m
  • RiskGrade: 108

UK's CMA clears UnitedHealth's £1.2bn takeover of EMIS

By Michele Maatouk

Date: Friday 29 Sep 2023

LONDON (ShareCast) - (Sharecast News) - The Competition and Markets Authority said on Friday that it has cleared UnitedHealth's proposed £1.2bn takeover of UK healthcare software company EMIS.

EMIS supplies data management systems to the NHS, including the electronic patient record system used by most GPs in the UK. Optum, which is owned by US healthcare firm UnitedHealth, currently supplies software used by GPs when prescribing medicines, as well as data analytics and advisory services that the NHS uses.

The competition watchdog, which referred the deal for an in-depth investigation in March, had warned that a merger between the two could increase the cost of digital services for the NHS.

Kirstin Baker, chair of the independent inquiry group carrying out the investigation, said: "The NHS increasingly relies on digital technology and data analytics to support the delivery of high-quality healthcare. So, it is important to ensure that, as the main customer of these services, the NHS continues to have access to the options and innovations that new and developing technology can bring.

"Following a thorough investigation, careful consideration of a broad range of evidence and consultation with a variety of stakeholders, we are satisfied that this deal will not reduce competition or mean that the NHS and its patients lose out."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

UNH Market Data

Currency US Dollars
Share Price $ 497.12
Change Today $ -0.18
% Change -0.04 %
52 Week High $552.97
52 Week Low $439.20
Volume 3,188,374
Shares Issued 924.00m
Market Cap $459,339m
RiskGrade 108

What The Brokers Say

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Neutral 1
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Total 26
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Trades for 14-Jun-2024

Time Volume / Share Price
16:00 411,834 @ $497.12
15:59 100 @ $497.07
15:59 100 @ $496.84
15:59 273 @ $496.98
15:59 200 @ $496.98

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