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Stada shareholders accept Bain,Cinven buyout offer in 2nd round
August 18, 2017 / 10:18 AM / 3 months ago

Stada shareholders accept Bain,Cinven buyout offer in 2nd round

FRANKFURT, Aug 18 (Reuters) - Private equity groups Bain Capital and Cinven said on Friday they gained control of German generic drugmaker Stada after they cleared the required shareholder acceptance hurdle of 63 percent with a sweetened takeover offer.

Reporting by Ludwig Burger; Editing by Edward Tayloer

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