Logo of General Authority for Competition
Saudi Arabia’s General Authority for Competition (GAC) gave the green light for Oracle’s acquisition of a 100% stake in Cerner.
In a statement, the authority said that Cerner operates in information technology and medical software.
Last December, Oracle announced that it is nearing a deal to acquire healthcare information technology group Cerner, which creates electronic medical records, for about $28.3 billion, to cement its position in the health sector.
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