Tuesday, September 15, 2009

Will ECC Provide Some Smallish "Early Clearance", Later Today?


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UPDATED @ 09.16.09 7 AM EDT:
No clearance, yet
.

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We should know later today whether the sale of Merial/Merck to Sanofi-Aventis has cleared the ECC without objection, or whether additional proceedings are warranted. In any event, this is only the easiest part of the transaction -- the notice will not cover the Call Option in favor of Merial, on the Intervet businesses. It will also not cover the outright bust-up merger of Schering-Plough, into Merck. If the ECC clears, it will look like this:
. . . .REGULATION (EC) No 139/2004

MERGER PROCEDURE

Article 6(1)(b) NON-OPPOSITION

Date: 15/09/2009. . .

I'll report on it, later today.

4 comments:

insider said...

http://pharmagossip.blogspot.com/2009/09/just-for-condor.html

Condor said...

Beauty, eh!

condor said...

Hey now -- at 4:21 am, you were up? Hmm... know I am thinking of you. Fondly, too.

condor said...

Hey now -- at 11:53 am?! Off to find my taco trucks... parked somewhere in Loop... smiling at you, fondly, all these years later. Heh!