12-02-2017 23:08 via uk.news.yahoo.com

Drugmaker Stada confirms takeover bid from two companies

(Reuters) - German generic drugmaker Stada said it has received two offers for the acquisition of the company, one of which is private equity group Cinven Partners LLP. Cinven is offering a price of 56 euros per Stada share. Stada did not mention the name of the other bidder.
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