Commission calls for divestments to clear change of ownership for Merial

7 February 2020

The European Commission is flexing its anti-trust muscles in the proposed change of hands of an animal health business, calling for divestments as part of the approval for the $25 billion asset swap transaction.

Under the EU Merger Regulation, the Commission has approved the acquisition of the animal health business of France’s Sanofi’s (Euronext: SAN) Merial by Germany’s Boehringer Ingelheim (BI). The decision is conditional on the divestment of a number of animal health vaccines and pharmaceuticals.

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