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Image header Agence Europe
Europe Daily Bulletin No. 9728
Contents Publication in full By article 10 / 16
GENERAL NEWS / (eu) eu/competition

Commission authorises proposed acquisition of Schering-Plough veterinary business by Pfizer

Brussels, 28/08/2008 (Agence Europe) - On Wednesday 27 August, the European Commission gave clearance for the proposed acquisition of certain animal assets of Schering-Plough (SP Assets) by Pfizer. Schering-Plough and Pfizer are both US pharmaceutical companies. The Commission examined the limited overlap between the companies' activities on the market for vaccines, parasiticides and other animal health products. It concludes, however, that the presence of several effective rivals on this...