Stada receives 3.6 billion euro offer from private equity group Cinven: FT

Logo of the pharmaceutical company Stada Arzneimittel AG is pictured at its headquarters in Bad VilbelCinven's offer follows a year-long activist campaign to improve Stada's profitability by Active Ownership Capital, one of its largest shareholders, and is believed to be pitched at close to 58 euros a share, the Financial Times reported, citing sources. Cinven declined to comment.

Source: Feed3

Leave a Reply

Your email address will not be published. Required fields are marked *