ALTANA obtains approval by antitrust authorities for sale of its pharmaceuticals business

15-Dec-2006

Altana AG has announced that the European and U.S. antitrust authorities have approved the acquisition of ALTANA's pharmaceuticals business by Nycomed without conditions.

ALTANA AG announced the sale of ALTANA Pharma AG and its entire pharmaceuticals business to Nycomed on September 21, 2006. Subject to the approval by the Extraordinary General Meeting of ALTANA AG on December 19/20, closing of the transaction is expected by December 29, 2006, the transfer of the business by the turn of the year.

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