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  • The Finnish Competition Authority has applied for an extension to investigate the divestment of Attendo’s health care operations to Terveystalo

The Finnish Competition Authority has applied for an extension to investigate the divestment of Attendo’s health care operations to Terveystalo

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In May 2018, Attendo entered into a binding agreement to divest its healthcare operations in Finland to Terveystalo. The completion of the transaction is subject to approval from the competition authority.

The Finnish Competition and Consumer Authority (the "FCCA") proceedings concerning the Transaction between Attendo and Terveystalo is still pending and, in order to handle the matter, the FCCA has applied for an extension from the Finnish Market Court until  14 December 2018.

Provided that the Finnish Market Court will grant the applied extension and the FCCA approves the transaction, the completion of the transaction is still expected to take place within the previously estimated timetable at the end of 2018.

Attendo AB (publ)

For further information, please contact:

Andreas Koch, Communications and IR Director Attendo
Phone: +46 705 09 77 61
E-mail: andreas.koch@attendo.com

Attendo - the leading care and healthcare company in the Nordics
Attendo is the leading private provider of publicly financed care and healthcare services in the Nordic region. The company was founded in 1985 and was first to provide outsourced care for older people in Sweden. In addition to care for older people, Attendo provides care for people with disabilities, individuals and families, and, in Finland, healthcare and dental care. Attendo has more than 24,000 employees and is locally anchored with over 700 operations in more than 200 municipalities in Sweden, Finland, Norway and Denmark. www.attendo.com 

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