EU to extend Zimmer, Biomet probe, clear Eli Lilly, Novartis deal: sources

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EU to extend Zimmer, Biomet probe, clear Eli Lilly, Novartis deal: sources

<p><a href="http://news.yahoo.com/eu-extend-zimmer-biomet-probe-clear-eli-lilly-134729092--finance.html"><img src="http://l3.yimg.com/bt/api/res/1.2/2hXq50oZF1VmuTsfv.26AA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9Njk7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-10-02T134901Z_1006950001_LYNXNPEA910LC_RTROPTP_2_CBUSINESS-US-UK-BIOMET-ZIMMER-HLDGS-NOVARTIS-ELI-LILLY.JPG" width="130" height="86" alt="Logo of Swiss drugmaker Novartis is seen at its headquarters in Basel" align="left" title="Logo of Swiss drugmaker Novartis is seen at its headquarters in Basel" border="0" /></a>By Foo Yun Chee BRUSSELS (Reuters) - EU antitrust regulators will open an extensive probe into Zimmer's $13.4 billion bid for Biomet, concerned that the creation of the world's second-largest orthopedic products group may hurt competition, three people familiar with the matter said on Thursday. In contrast, U.S. drugmaker Eli Lilly's proposed $5.4 billion takeover of Swiss peer Novartis's animal health business triggered no such worries and will be cleared unconditionally, the sources said. ...</p><br clear="all"/>

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