REG - Competition and Mkts - Merger Update: Welltower / multiple care homes
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Acceptance of Undertakings in lieu: Welltower / multiple care homes The CMA has today accepted undertakings in lieu of reference to an in-depth, Phase 2 investigation given by Welltower, Inc. (Welltower) and Apex Healthcare Properties LLC (Apex) under section 73 of the Enterprise Act 2002. The completed acquisitions by Welltower of multiple care homes managed by Barchester Healthcare, HC-One, Aria Care (including Asprey) and Danforth Care (together, the Mergers) will therefore not be referred to an in-depth, Phase 2 investigation and the undertakings which have been signed by Welltower and Apex will come into effect from this date. The text of this decision will be placed on the dedicated case page on the Competition and Markets Authority's website at Welltower / multiple care homes merger inquiries - GOV.UK as soon as is reasonably practical. In the event of media enquiries please email p***@cma.gov.uk. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. END MERGLGDCGXGDGLR
