EU Clears Merck & Co To Buy Schering-Plough
23 10월 2009 - 5:20PM
Dow Jones News
The European Commission Friday cleared pharmaceuticals company
Merck & Co. (MRK) to buy Schering-Plough Corp. (SGP).
Merck is paying $41.1 billion in cash and stock for
Schering.
To avoid antitrust problems, Merck has sold its 50% stake in
animal-health company Merial Limited to Sanofi-Aventis SA (SNY),
its partner in the joint venture.
-By Adam Cohen, Dow Jones Newswires; +322 741 1486;
adam.cohen@dowjones.com
Schering Plough (NYSE:SGP)
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Schering Plough (NYSE:SGP)
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