Sigma-Aldrich Shareholders Approve Merger With Merck
Darmstadt, Germany -– Merck, a leading company for innovative
and top-quality high-tech products in the pharmaceutical, chemical and life science
sectors, today achieved an important milestone in the process of acquiring U.S.-based
life science company Sigma-Aldrich. The shareholders of Sigma-Aldrich approved the
merger with Merck at a special meeting held at the Sigma-Aldrich Life Science and
Technology Center in St. Louis, Missouri, USA. With approximately 78%, shareholders
owning the required majority of the outstanding shares of Sigma-Aldrich approved the
proposed transaction.
Shareholder approval was one of the conditions the transaction is subject to. According
to the merger agreement publicly announced on September 22, 2014, Merck will
acquire all of the outstanding Sigma-Aldrich shares for $140 per share in cash.
Merck continues to expect the transaction, which is subject to regulatory approvals, to
close in mid-year 2015. Merck is working closely with the respective authorities to
ensure a seamless transaction. The acquisition had already unanimously been
approved by Sigma-Aldrich’s Board of Directors in September 2014. A Merck
shareholder vote is not required.

