General Electric Medical Systems clears EU hurdle on Instrumentarium deal
This article was originally published in Clinica
Executive Summary
Constructive dialogue between General Electric Medical Systems (GEMS), its $2.2bn medical imaging take-over target Instrumentarium and the European Commission in recent weeks has finally yielded positive results. This week, the Commission finally issued its approval of the merger of the two companies - subject to certain conditions. The major hurdle now remaining is clearance by the US Department of Justice (DoJ).