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Name | Symbol | Market | Type |
---|---|---|---|
Saint Gobain Bonds Stgobaintp83t1 | EU:SGP | Euronext | Bond |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 122.00 | 122.00 | 123.02 | 0 | 00:00:00 |
The U.S. Federal Trade Commission on Thursday cleared Merck & Co.'s (MRK) $41 billion acquisition of Schering-Plough Corp. (SGP), but required the companies to divest assets as a condition of government approval.
Under the terms of an agreement with the FTC, Merck must sell its interest in Merial Ltd., an animal health joint venture with Sanofi-Aventis SA (SNY, SAN.FR), while Schering-Plough must sell assets in nausea drugs for humans.
The asset sales for nausea drugs were necessary to alleviate competitive concerns regarding human drugs known as NK 1 receptor antagonists, the FTC said.
The drug makers reached their deal in March.
-By Brent Kendall, Dow Jones Newswires; 202-862-9222; brent.kendall@dowjones.com
1 Year Saint Gobain Bonds Stgob... Chart |
1 Month Saint Gobain Bonds Stgob... Chart |
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