Author (Corporate) | European Commission: DG Communication |
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Series Title | Press Release |
Series Details | IP/15/5194 (15.06.15) |
Publication Date | 15/06/2015 |
Content Type | News |
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. |
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Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-15-5194_en.htm |
Subject Categories | Business and Industry, Internal Markets |
Countries / Regions | Europe, Germany |