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RSS FeedsStada: Bain/Cinven bid successful, shares soar
(WorldNews Business)

 
 

18 august 2017 13:35:16

 
Stada: Bain/Cinven bid successful, shares soar
(WorldNews Business)
 


(Updates with final offer results, share reaction) ** Shares in Stada soar as much as 13 pct to hit record high after second, sweetened takeover offer by private equity groups Bain Capital and Cinven is declared successful ** Bain/Cinven say offer reached minimum acceptance threshold, which was 63 pct, and all conditions were fulfilled ** Final results will be published on Friday night ** Stock opened 2 pct higher on Friday on speculation that...


 
8 viewsCategory: Business
 
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