US competition agency reviewing Grifols request on divestiture
The US Federal Trade Commission is currently accepting public comments on an application by Grifols (GRLS: MC), a Spain-based manufacturer of plasma-derived drugs, to amend the terms of a manufacturing agreement that was part of a 2011 FTC-ordered divestiture.
The order settled charges that Grifols’ $3.4 billion acquisition of competitor Talecris Biotherapeutics was anticompetitive.
Grifols takeover of Talecris followed a failed $3.1 billion bid by Australia’s CSL Ltd which had been blocked by the FTC on anti-trust concerns.
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