04.04.2024 14:19:21 - dpa-AFX: Boston Scientific Says FTC Issues Second Request Amid Boston Scientific And Axonics Merge Review

WASHINGTON (dpa-AFX) - Boston Scientific Corp. (BSX) revealed Thursday in a
Form 8-K filing with the U.S. Securities and Exchange Commission that the
company and Axonics each received a request for additional information from the
U.S. Federal Trade Commission (FTC) in connection with the FTC's review of the
merger.

The issuance of the Second Request extends the waiting period under the HSR Act
until 30 days after both the Company and Axonics have substantially complied
with the Second Request, unless the waiting period is extended voluntarily by
the parties or terminated earlier by the FTC.

The Company and Axonics expect to promptly respond to the Second Request and to
continue to work cooperatively with the FTC in its review of the merger.

The merger is now expected to be completed in the second half of 2024, subject
to the expiration or termination of the waiting period under the HSR Act and the
satisfaction (or waiver) of other customary closing conditions.

On January 8, Boston Scientific entered into an Agreement and Plan of Merger
with Sadie Merger Sub, Inc., and Axonics, Inc., providing for the merger of
merger sub with and into Axonics, with Axonics surviving the merger as a wholly
owned subsidiary of the Company.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
BOSTON SCIENTIFIC DL-,01 884113 Frankfurt 70,000 07.06.24 15:49:01 +1,000 +1,45% 0,000 0,000 69,500 70,000

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