Merck KGaA says confident AZ takeover to be wrapped up in H1

FRANKFURT, March 6 Thu Mar 6, 2014 6:10am EST

Related Topics

FRANKFURT, March 6 (Reuters) - The chief executive of German liquid crystal maker Merck KGaA, Karl-Ludwig Kley, said he was confident the planned takeover of Britain's AZ Electronic Materials could be completed in the first half of this year, speaking to a press conference on Thursday.

Merck extended the offer period for the proposed deal for a fourth time last month, awaiting approval from Chinese antitrust regulators.

Talks with Chinese officials were constructive, Kley added.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.