Emis Group PLC - Leeds-based healthcare software producer- Reports that a court extended its long stop date for its planned takeover by UnitedHealth Group Inc to June 30, 2024. In June last year, Emis agreed to the GBP1.24 billion takeover. Earlier Thursday, Emis said it expects deal to become effective in the final quarter of 2023 or the first quarter of 2024, subject to approval from the UK Competition & Markets Authority. Earlier, Emis reported annual pretax profit rise of 7.8% in 2022 to GBP38.9 million from GBP36.1 million, and declared a final payout of 21.1 pence, up 20% annually from 17.6p. Looking ahead, it said it is confident of delivering full year expectations for 2023.
Current stock price: 1,320.00 pence, down 0.6% on Thursday
12-month change: up 0.9%
By Tom Budszus, Alliance News reporter
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