REG - Competition and Mkts - Merger Update: AstraZeneca/Alexion

AstraZenecaAnnouncement

25/05/2021 08:05

RNS Number : 6277Z
  
Competition and Markets Authority
  
25 May 2021
  
 

 
Start of CMA Merger Investigation: ANTICIPATED ACQUISITION BY ASTRAZENECA PLC OF ALEXION PHARMACEUTICALS, INC
 
The Competition and Markets Authority (CMA) is considering whether it is or may be the case that this transaction, if carried into effect, will result in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation may be expected to result in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services. 
 
The CMA announced the launch of its merger inquiry by notice to the Parties on 25 May 2021 and has a deadline of 21 July 2021 for its phase 1 decision.
 
 

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