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VERIFIEDET Finance·positive

Aurobindo Pharma clears key US hurdle in Lannett acquisition, closing expected soon

AI Summary
  • ·Aurobindo Pharma has received antitrust clearance from the US Federal Trade Commission for its takeover of Lannett Company.
  • ·This regulatory approval removes the final hurdle for the acquisition.
  • ·The acquisition is expected to close by the end of June.
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