Welltower Care Home Acquisitions Avoid In-Depth UK CMA Investigation

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Welltower (WELL) said Thursday that it, along with Apex Healthcare Properties, has received approval from the UK Competition and Markets Authority after the CMA accepted undertakings in lieu of a Phase 2 investigation into Welltower's acquisitions of multiple care homes.

The acquisitions involve facilities managed by Barchester Healthcare, HC-One, Aria Care, including Asprey, and Danforth Care, it said.

The undertakings take effect immediately, avoiding a deeper CMA review, it added.

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