British watchdog clears AstraZeneca’s $39 billion buyout of Alexion By Reuters

July 14, 2021 admin Stock News 0

2/2

© Reuters. FILE PHOTO: The logo for AstraZeneca is seen outside its North America headquarters in Wilmington, Delaware, U.S., March 22, 2021. REUTERS/Rachel Wisniewski

2/2

(Reuters) – Britain’s competition regulator said on Wednesday it has cleared AstraZeneca (NASDAQ:)’s $39 billion buyout of U.S.-based Alexion (NASDAQ:) after it decided not to initiate a broader probe into the deal following its initial assessment.

The Competition and Markets Authority began reviewing the planned takeover in May for whether it could reduce competition in Britain or other markets. Its clearance follows that from Europe earlier this month.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Be the first to comment

Leave a Reply

Your email address will not be published.


*