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FTC Ends Suspense: Aurobindo’s Lannett Acquisition Approved With Divestments

FTC Ends Suspense: Aurobindo’s Lannett Acquisition Approved With Divestments

The FTC has cleared Aurobindo’s $250m acquisition of Lannett subject to divestment of four overlapping products to Quagen, ending the suspense for the Indian major that had to earlier call off a mega-deal to acquire Sandoz assets in the US amid agency hesitation.