Summary
Becton, Dickinson and Company (BD) announced on March 13, 2015, that it has received clearance from the European Commission for its pending acquisition of CareFusion Corporation. This regulatory approval is a significant step towards the closing of the transaction. The acquisition is now expected to be completed on or around March 17, 2015. Investors should note that while this is a key hurdle cleared, there is a standard forward-looking statement disclaimer indicating that the exact closing date could vary. The successful completion of this acquisition is anticipated to be a material event for BD.
Key Highlights
- 1BD has received European Commission clearance for its acquisition of CareFusion.
- 2The European Commission approval was granted under the EU Merger Regulation.
- 3The acquisition of CareFusion by BD is now expected to close on or about March 17, 2015.
- 4This clearance represents a significant regulatory hurdle overcome for the transaction.
- 5The filing includes a joint press release from BD and CareFusion announcing the clearance.
- 6Forward-looking statements are included, noting potential variations in the closing date.