UPDATE: All regulatory approvals required to complete acquisition of Actelion received
US health care giant Johnson & Johnson (NYSE:JNJ) says that, with today's receipt of approval of the proposed $30 billion acquisition of Swiss biotech firm Actelion (SIX: ATLN) from the European Commission (EC), all regulatory approvals required to complete the transaction have been received.
J&J expects the settlement of the all-cash public tender offer by its Swiss subsidiary, Janssen Holding GmbH, to acquire all publicly held shares of Actelion for $280 per share, payable in US dollars, on June 16, 2017.
Concerns on insomnia research programs
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