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Merck Announces Sigma-Aldrich Business Sale to Honeywell to Fulfill EU Commitments

Asset sale includes Sigma-Aldrich’s solvents and inorganics business in Europe.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Merck announced that Sigma-Aldrich, the U.S. life science company it plans to acquire, agreed to sell parts of its solvents and inorganics business in Europe to Honeywell in fulfilment of commitments made to the European Union in order to win antitrust approval for its $17 billion acquisition of Sigma-Aldrich.   Merck has submitted the agreement with Honeywell to the European Commission, which has to approve the transaction in order for Merck to complete the acquisition of Sigma-Aldrich. The E...

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