Press Release: Mergers: Commission approves proposed acquisition of Chiron by Novartis

The European Commission on 6 February 2006 cleared under the EU Merger Regulation the proposed acquisition of Chiron Corporation ('Chiron'), a US-based biotechnology company, by Novartis AG ('Novartis') of Switzerland. The Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.

• Primary Source

European Commission: DG Competition: Merger Cases: M.4049 http://ec.europa.eu/comm/competition/mergers/cases/index/m80.html#m_4049

Novartis: Media relations: Media releases: Novartis receives European Commission approval to acquire Chiron, 6.2.06 http://cws.huginonline.com/N/134323/PR/200602/1033141_5.html

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