The UK Competition and Markets Authority (CMA) has approved the proposed merger between Primary Health Properties PLC (LSE:PHP) and Assura PLC (USOTC:ARSSF), allowing the deal to move forward without a Phase 2 investigation.
In its decision, the CMA stated that, based on the evidence reviewed, the merger does not raise competition concerns that would warrant a deeper inquiry. This regulatory clearance represents a key milestone in the transaction, removing one of the final barriers to completion.
The merger between the two UK healthcare property specialists is expected to create a leading real estate investment trust (REIT) focused on modern primary care facilities, strengthening their combined market position and operational efficiencies.
More about Primary Health Properties PLC and Assura PLC
Primary Health Properties PLC is a real estate investment company specializing in the ownership and management of healthcare properties leased primarily to the NHS and other healthcare providers across the UK and Ireland.
Assura PLC operates in a similar space, developing and managing community healthcare buildings that support the delivery of frontline medical services. The merger aims to enhance portfolio scale, improve capital efficiency, and accelerate investment in healthcare infrastructure across the UK.
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