December 28, 2017 / 8:43 AM / in 23 days

China commerce ministry conditionally approves Becton Dickinson-C R Bard merger

BEIJING, Dec 28 (Reuters) - China’s commerce ministry said on Thursday that it has conditionally approved a merger between U.S. medical equipment supplier Becton Dickinson and its U.S. peer C R Bard.

In October, Becton Dickinson secured EU antitrust approval for its $24 billion acquisition of C R Bard after it agreed to sell two businesses to allay competition concerns. (Reporting by Beijing Monitoring Desk; Editing by Muralikumar Anantharaman)

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