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UK regulator clears $1.52 billion UnitedHealth-EMIS deal

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(Reuters) — Britain's competition regulator said on Friday it has cleared UnitedHealth Group's (UNH) 1.24 billion-pound ($1.52 billion) acquisition of healthcare technology firm EMIS.

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).

FILE - This Tuesday, Oct. 16, 2012, file photo, shows part of the UnitedHealth Group, Inc. campus in Minnetonka, Minn. UnitedHealth Group Inc. reports financial results Tuesday, July 19, 2016. (AP Photo/Jim Mone, File)
The UnitedHealth Group campus in Minnetonka, Minn. (AP Photo/Jim Mone) · ASSOCIATED PRESS

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.

(Reporting by Richard Rohan Francis in Bengaluru; editing by Eileen Soreng)