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Primary Health Properties PLC - London-based real estate investment trust and investor in modern primary healthcare premises - UK Competition & Markets Authority says it is considering whether to investigate a planned acquisition by Primary Health of Manchester-based peer Assura PLC. Says it will assess if the merged entity may result in a ‘substantial lessening’ of competition within any market or markets in the UK. CMA has given itself up to July 18 to decide whether to launch an investigation into the Primary Health-Assura transaction. Invites interested parties to submit to it any initial views on the impact that the transaction could have on competition in the country. Sharesholders of Primary Health on Tuesday this week voted for the takeover of Assura. On Monday last week, Assura recommended the new cash-share offer from Primary Health. Under the terms of the increased Primary Health offer, Assura shareholders would receive 0.3865 new Primary Health shares and 12.5 pence in cash. In addition, Assura shareholders would be entitled to receive a special dividend of 0.84p per Assura share. Current Primary Health stock price in London: 96.67 pence, down 0.1% on Friday morning 12-month change: up 3.8% Current Primary Health stock price in Johannesburg: R 23.15 12-month change: up 7.3% Current Assura stock price in London: 50.25 pence each, up 0.1% 12-month change: up 20% Current Assura stock price in Johannesburg: R 12.09 12-month change: listed on JSE in November 2024, up 31% since Copyright 2025 Alliance News Ltd. All Rights Reserved.
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