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Europe Daily Bulletin No. 9200

30 May 2006
Contents Publication in full By article 26 / 35
GENERAL NEWS / (eu) eu/competition
Green light for Bayer's purchase of Schering

Brussels, 29/05/2006 (Agence Europe) - The Commission has approved the proposed acquisition by German company Bayer AG of the pharmaceutical company Schering AG, which is active in five global business areas: gynaecology and andrology, diagnostic imaging, specialised therapeutics, oncology and dermatology. The main overlaps are in a few over-the-counter and prescription anti-fungal markets. Bayer and Schering have their most important combined market shares (over 35%) in three of these...

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