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Sanofi-Aventis Merger Clears FTC; Estorra Rights To Be Divested

Executive Summary

Sanofi and Aventis will begin integrating management and operations following the Federal Trade Commission's July 28 approval of the merger of the two companies

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Sanofi-Synthelabo and Aventis merger closes Aug. 20, creating third largest pharma company, Sanofi-Aventis, with Sanofi obtaining control of 95.5% of Aventis' share capital. Completion of the merger follows required divestiture of Estorra (1"The Pink Sheet" Aug. 16, 2004, p. 34)...

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