MOFCOM Issues Conditional Clearance of Novartis/Alcon Transaction

MOFCOM Issues Conditional Clearance of Novartis/Alcon Transaction

On 13 August 2010, China's merger control agency — the Ministry of Commerce (MOFCOM) — published its verdict on the Novartis/Alcon transaction on its website. MOFCOM allowed the proposed acquisition of Alcon by Novartis to go ahead, subject to conditions.

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