December 28, 2017 / 8:51 AM / a month ago

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

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

    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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