Advertisement
UK markets closed

  • FTSE 100

    7,895.85
    +18.80 (+0.24%)
     

  • FTSE 250

    19,391.30
    -59.37 (-0.31%)
     

  • AIM

    745.67
    +0.38 (+0.05%)
     

  • GBP/EUR

    1.1607
    -0.0076 (-0.65%)
     

  • GBP/USD

    1.2370
    -0.0068 (-0.55%)
     

  • Bitcoin GBP

    51,715.25
    +359.19 (+0.70%)
     

  • CMC Crypto 200

    1,368.36
    +55.74 (+4.25%)
     

  • S&P 500

    4,967.23
    -43.89 (-0.88%)
     

  • DOW

    37,986.40
    +211.02 (+0.56%)
     

  • CRUDE OIL

    83.24
    +0.51 (+0.62%)
     

  • GOLD FUTURES

    2,406.70
    +8.70 (+0.36%)
     

  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     

  • HANG SENG

    16,224.14
    -161.73 (-0.99%)
     

  • DAX

    17,737.36
    -100.04 (-0.56%)
     

  • CAC 40

    8,022.41
    -0.85 (-0.01%)
     
Property:

11 beautiful homes with glorious garden rooms

Investing in a home with a garden room will enable you to enjoy your outside space whatever the weather

Merck extends AZ offer again over Chinese antitrust issues

Reuters - UK Focus

FRANKFURT, April 18 (Reuters) - German liquid crystal maker Merck KGaA (Other OTC: MKGAF - news) extended the offer period for its planned takeover of AZ Electronic Materials for a sixth time on Friday as it continues to seek Chinese antitrust approval.

The offer period has been extended to until 1200 GMT on May 2, Merck said in a statement.

It said China's Ministry of Commerce had "raised certain specific concerns that Merck is working with the Chinese authorities to address".

Merck said it had received valid acceptances of the offer representing approximately 67.53 percent of AZ by 1200 GMT on April 18. (Reporting by Victoria Bryan; editing by Jason Neely)