Global Trade Alert
Global Trade Alert

Canada: The investment screening authority approves the acquisition of Apotex by Artemis Parent Inc.

Announcement

30 Mar 2023

In March 2023, the Canadian foreign investment screening authorities approved the acquisition of Apotex and related Canadian subsidiaries by the U.S.-controlled Artemis Parent Inc. 

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

30 Mar 2023

Revocation date:

No revocation date

Announced: 30 Mar 2023
FDI: Entry and ownership rule In force
In March 2023, the government of Canada cleared the acquisition of Apotex Inc. and several Apotex subsidiaries by Artemis Parent Inc., a U.S.-controlled firm. Apotex Inc. is a Canadian pharmaceutical ...
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