February 8, 2019 / 7:36 AM / 5 months ago

UK competition watchdog clears CareTech-Cambian deal

Feb 8 (Reuters) - Britian’s competition watchdog on Friday decided against referring the completed deal between CareTech Holdings Plc and Cambian Group for a Phase-2 investigation.

British social care services CareTech bought rival Cambian for 372 million pounds ($472.66 million) in August last year.

"CMA has cleared the completed acquisition by CareTech Holdings Plc of Cambian Group Plc," UK's Competition and Markets Authority (CMA) said in a statement bit.ly/2I1kQ18. (Reporting by Sangameswaran S in Bengaluru; Editing by Arun Koyyur)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below