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UK healthcare technology company EMIS Group Plc said on Friday it had agreed to be acquired by health services firm Optum UK for about 1.24 billion pounds ($1.51 billion) in cash.
The per share offer of 1,925 represents a 49% premium to EMIS' closing price on Thursday. Shares in EMIS closed Friday's session at a record high of 1,890 pence.
Optum UK, a part of U.S.-based UnitedHealth Group (UNH.N), said the deal would help the combined company to provide better services to the UK's National Health Service.
Source: Reuters
Date: 27 June