Stada shareholders accept buyout offer in second round
(WorldNews Business)

* Bain, Cinven 2nd time lucky after sweetened bid * Takeover bid clears 63 pct acceptance hurdle * Exact tender rate to be published later on Friday * Shares in Stada up more than 13 pct (Adds further details, background) By Ludwig Burger FRANKFURT, Aug 18 (Reuters) - Private equity groups Bain Capital and Cinven secured control of German generic drugmaker Stada with a sweetened takeover offer in the largest acquisition of a listed German company by buyout groups, ending months of uncertainty. Investors tendered more shares than the 63 percent minimum acceptance threshold on which the bid was contingent by the Wednesday...