Watson gets U.S. approval to buy Actavis, with conditions
WASHINGTON (Reuters) – Watson Pharmaceuticals has won U.S. antitrust approval to buy Swiss peer Actavis Inc on the condition that it sell a number of their current and future products to two other companies, the Federal Trade Commission said on Monday. The $5.9 billion deal won approval in Europe on October 5. New Jersey-based Watson is one of the world’s biggest suppliers of generic drugs. The FTC said it would require the two companies to sell the rights and assets of 18 drugs to Sandoz International and Par Pharmaceuticals. …