BRIEF-UK's CMA Says Initial Probe Into Welltower's UK Care Homes Purchase Found Competition Concerns

Welltower, Inc.

Welltower, Inc.

WELL

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May 21 (Reuters) - UK's Competition and Markets Authority:

  • COMPETITION AND MKTS - CMA UPDATE: WELLTOWER CARE HOMES

  • CMA: PROPOSING TO ACCEPT REMEDIES OFFERED FOLLOWING INVESTIGATION INTO WELLTOWER'S PURCHASE OF MORE THAN 600 CARE HOMES ACROSS UK

  • CMA: INITIAL INVESTIGATION INTO WELLTOWER'S PURCHASE OF UK CARE HOMES FOUND COMPETITION CONCERNS IN 30 LOCAL AREAS

  • CMA: BELIEVES REMEDIES COULD RESOLVE COMPETITION CONCERNS, WILL CONSULT ON REMEDIES PACKAGE & POTENTIAL PURCHASER(S) IN DUE COURSE

Source text: ID:nRSU2944Fa


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