FTC Closer To Clearing Roche's Spark Buy: Report

$4.8bn Acquisition Dragging On

25 Oct 2019

Capitol Forum reports that FTC staff have recommended the proposed acquisition of Spark by Roche be approved without requiring any asset sales. The end could be in sight for the long-drawn out affair.

Telephone — Roche waiting for FTC's call • Source: Shutterstock

Roche's insistence that its much-delayed takeover of Spark Therapeutics Inc. will happen by the end of the year has been boosted by a report from news and legal analysis company Capitol Forum that US Federal Trade Commission staff have cleared the $4.3bn deal.

The report claimed that FTC staff had recommended that the proposed acquisition, announced back in February, be approved without requiring...