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Roche extends offer for Spark until November 25

Christian Fernsby |
Roche said it extended its tender offer for shares of Spark Therapeutics until Novembber 25 to give the U.S. Federal Trade Commission (FTC) and the UK Competition and Markets Authority (CMA) more time to complete their reviews of the $4.3 billion deal.

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Topics: ROCHE    SPARK   

The parties remain committed to the transaction and are working cooperatively and expeditiously with the FTC and the CMA, Roche and Spark said in a joint statement on Tuesday.

The UK competition watchdog had launched an inquiry into the pending acquisition earlier this month.

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