MUNICH -- Siemens' pending acquisition of Mentor Graphics could be completed as soon as today and will almost assuredly close before Mar. 31, according to filings with the US Securities and Exchange Commission.
"The notice of clearance from the Ministry of Commerce of the People’s Republic of China (MOFCOM) satisfies the final regulatory condition to closing the merger, which remains subject to other customary closing conditions. The company expects the merger to close on Mar. 30, 2017," the filing stated.
The companies have received the needed regulatory approvals from the US, EU and China. Mentor shareholders approved the deal on Feb. 2.
Siemens' second quarter ends Mar. 31.