Press Release: Mergers: Commission approves acquisition of Sigma-Aldrich by Merck, subject to conditions.

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Series Details IP/15/5194 (15.06.15)
Publication Date 15/06/2015
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On 15 June 2015 the European Commission has approved the proposed acquisition of Sigma-Aldrich by Merck under the EU Merger Regulation. Both companies are active world-wide in the life science sector. The decision is conditional on the divestment of certain Sigma-Aldrich assets, including manufacturing assets in Germany, the rights to certain brands and a sales force. The Commission had concerns that the merged entity would have faced insufficient competitive pressure from the remaining players in the markets for certain laboratory chemicals, with a risk of price rises. The commitments offered by the companies address these concerns.

Source Link Link to Main Source http://europa.eu/rapid/press-release_IP-15-5194_en.htm
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