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Investegate | Company News | Corporate, London Stock Exchange, Regulatory News Headlines AstraZeneca appoints non-exec director after Alexion acquisition
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AstraZeneca appoints non-exec director after Alexion acquisition | 22 July 2021
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Alexion Pharmaceuticals : UK nod paves way for AstraZeneca-Alexion deal to close next week
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UK nod paves way for AstraZeneca-Alexion deal to close on July 21
Jul 15, 2021 10:20 AM PHT
Reuters
AstraZeneca s $39-billion buyout of US-based rare diseases business Alexion is expected to close next week as Britain s competition watchdog cleared the deal on Wednesday, July 14.
The merger, which will beef up AstraZeneca s line of rare disease medicines, is expected to close on July 21, the drugmaker, a major COVID-19 vaccine producer, said.
The Competition and Markets Authority began a review of the deal in May to check if that could reduce competition in Britain or other markets.
It decided not to initiate a broader probe into the deal following its initial assessment. The clearance follows that from Europe earlier this month.
UK nod paves way for AstraZeneca-Alexion deal to close next week
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