The Federal Trade Commission on Friday approved ProMedica’s divestiture plan for St. Luke’s Hospital.

The FTC ordered ProMedica to unwind the merger with St. Luke’s in May, 2015, after a five-year court battle. The FTC said the merger in 2010 severely limited competition in the Toledo area and would drive up prices for medical care.

A ProMedica spokesman said in a statement that the plan still must be approved by the Ohio Attorney General. The FTC also granted ProMedica a time extension to complete the divestiture, though the company expects to close on the divestiture by the end of the month.

“Both organizations are committed to working together, under the supervision of the FTC, to make sure it is a seamless transition,” the statement reads. “ProMedica and St. Luke’s will remain focused on providing the best possible care for our patients.”

St. Luke’s will still accept the same insurance plans under the divestiture agreement.

ProMedica submitted a formal application May 3 to spin off the Maumee hospital. The FTC’s approval followed a 30-day public comment period.

Dan Wakeman, St. Luke's Hospital president, said previously that the hospital will be rebranded and ProMedica's signs and green lights will come down when the divestiture is complete.

Details about the divestiture plan were not included in the FTC press release, and a ProMedica spokesman said the company did not have any other information about the deal available Friday.

Contact Nolan Rosenkrans at: nrosenkrans@theblade.com or 419-724-6086, or on Twitter @NolanRosenkrans.

First Published June 25, 2016, 4:00 a.m.