Stada says invites rival suitors Advent, Cinven to takeover talks

FRANKFURT (Reuters) - German generic drugmaker Stada said it was holding talks about being taken over with rival suitors Advent International and Cinven Partners. Stada's executive board has "started open-minded talks to allow the interested parties to explain their strategic concepts and evaluate further value-enhancing potential with regards to the potential offer price," it said in a statement on Monday. Stada earlier said it was weighing two takeover approaches, including one from private eq