Court denies U.S. request to stop merger of Steris, Synergy Health

Friday, September 25, 2015

A federal court in Ohio refused on Thursday to stop a $1.9 billion merger of medical technology provider Steris Corp and British sterilization services provider Synergy Health Plc, despite the objections of U.S. antitrust enforcers.

The Federal Trade Commission filed a lawsuit in May aimed at stopping the deal, saying it would hurt both companies' customers by eliminating likely future competition between them based on innovative sterilization techniques.

 

reuters.com

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