The Pakistan Competition Commission clears an acquisition, following an in-depth investigation, in the pharmaceutical sector (Novartis / GSK)

The Competition Commission clears phase II review of the proposed acquisition by novartis ag of the business relating to a portfolio of oncology products (excluding manufacturing) from GlaxoSmithKline plc* ISLAMABAD, MONDAY, 09 FEBRUARY 2015: The Competition Commission of Pakistan ("Commission") has concluded the Phase II review of the pre-merger application dated 29 August, 2014 by clearing the proposed acquisition by which Novartis AG (“Novartis”), intends to acquire the business relating to a portfolio of oncology products (excluding manufacturing) from GlaxoSmithKline

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Pakistan Competition Authority, The Pakistan Competition Commission clears an acquisition, following an in-depth investigation, in the pharmaceutical sector (Novartis / GSK), 9 February 2015, e-Competitions Pharma & Mergers, Art. N° 71451

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