BD Acquisition Of CareFusion To Close On March 17

(RTTNews) - Becton, Dickinson and Co. (BDX) and CareFusion Corp. (CFN) said Friday that the companies have received clearance from the European Commission under the EU Merger Regulation for the pending acquisition of CareFusion by BD.

The proposed acquisition has now received all necessary regulatory approvals.

The proposed acquisition, which has been approved by CareFusion shareholders, remains subject to customary closing conditions.

BD and CareFusion currently expect the proposed acquisition to close on March 17.

In October, BD agreed to buy medical devices maker CareFusion for $12.2 billion in a cash-and-stock deal.