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

(Reuters) - German generic drugmaker Stada has received a 3.6 billion euro takeover offer from private equity group Cinven, the Financial Times reported. Cinven'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.