Who's afraid of the FTC? CSL gets its reg­u­la­to­ry ducks lined up for $11.7B M&A deal

It took a cou­ple of ex­tra months to get all the reg­u­la­to­ry sign-offs, but CSL says to­day it’s lined up all the nec­es­sary ap­provals to get its $11.7 bil­lion Vi­for buy­out done.

An­nounced 11 days be­fore last Christ­mas, the big Aus­tralian play­er ex­pects to have 97% of Vi­for’s shares when it clos­es the ac­qui­si­tion on Aug. 9.

Once the M&A deal is com­plete, cur­rent Vi­for com­mer­cial chief Hervé Gis­serot will move up to the gen­er­al man­ag­er’s role at the sub and re­port to CSL COO Paul McKen­zie.

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