EU Extends Review Of Agilent, Varian Merger

Law360, New York (December 22, 2009, 3:29 PM EST) -- Electronic measurement company Agilent Technologies Inc.'s $1.5 billion acquisition of scientific instrument supplier Varian Inc. has met a delay, with the European Union's competition authority extending its antitrust review of the tie-up to Jan. 20, 2010.

The European Commission pushed back the deadline by which it will either give the deal the go-ahead or launch an antitrust probe after Agilent offered new commitments related to the regulator's concerns, according to news reports.

An Agilent representative declined to comment on the matter.

The two companies announced the...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.