Goldman Sachs: EU clears acquisition of Parexel

(CercleFinance.com) - Under the EU Merger regulations the European Commission has cleared the acquisition of joint control of Parexel by Goldman Sachs, both US companies, and EQT Fund Management of Luxembourg.


Parexel provides outsourcing services in the biopharmaceutical field.

The Commission concluded that the proposed acquisition would not raise competition concerns given the very limited overlaps between the companies' businesses.


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