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Brazil: Sigma-Aldrich’s buyout by Merck KGaA cleared

By  |  August 12, 2015

Lab chemical and life sciences company Sigma-Aldrich ‘s proposed acquisition by Germany’s Merck KGaA has secured antitrust clearance in Brazil. Sigma-Aldrich has obtained an unconditional approval from Brazil’s Council for Economic Defense, the final outstanding approval needed for the transaction.

The approval follows the recently received antitrust clearances from the competition authorities of Israel and South Korea. The clearance by CADE will be effective after a waiting period of 15 days. The deal was also cleared by the European Commission and Chinese Ministry of Commerce in Jun 2015.

The transaction is still subject to Sigma-Aldrich’s fulfillment of the commitments made to the EC following the latter’s conditional approval.

Full content: CNN

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