It seems like the long-running saga to buy Stada Arzneimittel AG is coming to an end after the board of the German generics group recommended that shareholders accept a higher bid by the private equity firms Bain Capital and Cinven.
Stada Saga Set To End As Board Backs Bain And Cinven Bid
The equity firms finally look like getting their hands on the German generics group as Stada urges shareholders to back the €4.1bn deal and only 63% need to support it.
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