Wednesday, May 29, 2013

Reuters: Regulatory News: Bayer says receives FTC nod for Conceptus buy

Reuters: Regulatory News
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Bayer says receives FTC nod for Conceptus buy
May 29th 2013, 06:13

FRANKFURT | Wed May 29, 2013 2:13am EDT

FRANKFURT May 29 (Reuters) - Germany's Bayer said on Wednesday it had obtained antitrust clearance from the US Federal Trade Commission (FTC) for its planned $1.1 billion acquisition of U.S. contraceptive devices maker Conceptus .

Bayer said the transaction remains subject to a minimum tender of at least a majority of the outstanding Conceptus shares.

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