Stada Takeover Saga Set To Run As US Fund Seeks More Cash

 
• By Kevin Grogan

As Elliott Management pushes for a premium to back the takeover of the German drug maker by Bain and Cinven, the private equity firms have unveiled industry veteran Claudio Albrecht as Stada's latest CEO.

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US hedge fund is looking for more cash to back Bain and Cinven's purchase of Stada • Source: Shutterstock

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