Why did the FTC block the Edwards Lifesciences deal?

The FTC successfully obtained a court ruling to block the acquisition of Jenavalve Technology Inc. by Edwards Lifesciences Corp.

What is Jenavalve Technology Inc. known for?

Jenavalve Technology Inc. was the target company in a proposed acquisition by Edwards Lifesciences Corp.

When was the Edwards Lifesciences acquisition blocked?

A court ruling on Friday, January 9, blocked the proposed acquisition.

Home / Business and Economy / FTC Blocks Edwards Lifesciences Acquisition

FTC Blocks Edwards Lifesciences Acquisition

10 Jan

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Summary

US FTC successfully blocked Edwards Lifesciences' acquisition.
Jenavalve Technology Inc. was the target company in the deal.
The ruling was issued by a court on Friday, January 9.

FTC Blocks Edwards Lifesciences Acquisition

A U.S. Federal Trade Commission effort has successfully halted the proposed acquisition of Jenavalve Technology Inc. by Edwards Lifesciences Corp. A court issued its ruling on Friday, January 9, to block the deal.

This judicial decision means that Edwards Lifesciences will not be able to acquire Jenavalve Technology as previously planned. The FTC's intervention underscores regulatory scrutiny over mergers and acquisitions.

The ruling by the court marks a definitive stop to the transaction. Further details regarding the FTC's specific concerns leading to this action were not immediately available.

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