EU Commission Drops Allegations Against Merck In Sigma-Aldrich Merger

(RTTNews) - Merck Wednesday said it received a Supplementary Statement of Objections from the European Commission in the ongoing proceedings concerning the Sigma-Aldrich acquisition, which was completed in 2015.

In July 2017, Merck received a Statement of Objections from the European Commission. This relates to a packaging technology developed by Sigma-Aldrich prior to its acquisition by Merck.

The SSO states that the allegations previously made against Merck will be dropped. The SSO retains allegations made against Sigma-Aldrich, which will be the object of the ongoing proceedings.

Merck said it is confident that it will be possible to resolve the situation satisfactorily.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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