The European Commission decided on Wednesday 30 March to partially refer the proposed acquisition of a part of McKesson by Phoenix to the French competition authority, at the latter’s request.
At the same time, it endorsed the planned transaction outside of France.
The German companies Phoenix and McKesson are active in the wholesale and retail distribution of pharmaceutical products.
On 9 February 2022, Phoenix notified the acquisition of a number of McKesson portfolio companies, as...