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SGP Schering-Plough Corp.

28.15
0.00 (0.00%)
24 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Schering-Plough Corp. NYSE:SGP NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 28.15 0.00 01:00:00

EU Clears Merck & Co To Buy Schering-Plough

23/10/2009 9:20am

Dow Jones News


Schering Plough (NYSE:SGP)
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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

 
 

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