The proposed merger between Dentsply International Inc, York, Pa, and Sirona Dental Systems Inc, Long Island, NY, has cleared regulatory review. The European Commission and Russia’s Federal Antimonopoly Service have approved the proposed merger, following similar approvals from authorities in the United States and Ukraine.
Dentsply’s bid for Sirona is worth an estimated $5.6 billion.
This most recent regulatory clearance marks an important milestone in the transaction. The companies now expect the transaction to close on or about February 29, 2016.