News: COH Cochlear Ltd Updates On UK CMA Decision On Oticon Medical Acquisition

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    Dec 7 (Reuters) - Cochlear Ltd (COH) :

    • OTICON MEDICAL ACQUISITION - UK CMA DECISION
    • CMA'S COMPETITION CONCERNS ONLY RELATE TO SUPPLY OF BONE CONDUCTION SOLUTIONS IN UK AND DO NOT RELATE TO SUPPLY OF COCHLEAR IMPLANTS
    • COCHLEAR AND DEMANT HAVE UNTIL 13 DEC TO SUBMIT UNDERTAKINGS TO ADDRESS CMA'S COMPETITION CONCERNS
    • UK CMA TO REFER OPTICON ACQUISITION CASE TO FURTHER PHASE OF REVIEW UNLESS PARTIES OFFER ACCEPTABLE UNDERTAKINGS TO ADDRESS CONCERNS
 
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