Sig­ma-Aldrich hit with $9M fine for mis­lead­ing in­fo dur­ing Mer­ck KGaA merg­er

Al­though it’s been more than six years since Mer­ck KGaA first no­ti­fied the Eu­ro­pean Com­mis­sion of its plan to ac­quire Sig­ma-Aldrich, the Eu­ro­pean Com­mis­sion an­nounced Mon­day that it has fined Sig­ma-Aldrich €7.5 mil­lion ($9 mil­lion) for mis­lead­ing the com­mis­sion dur­ing an in­ves­ti­ga­tion in­to the merg­er.

While the de­ci­sion won’t im­pact the com­mis­sion’s de­ci­sion to au­tho­rize the $17 bil­lion merg­er, which was fi­nal­ized last sum­mer, the fine serves as a warn­ing shot to the rest of the in­dus­try that ly­ing or pro­vid­ing mis­lead­ing in­for­ma­tion will not be tol­er­at­ed.

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