–Bristol-Myers Squibb Co.’s (BMY) over-the-counter biologic business in France, Upsa, is cartoon absorption from German generics maker Stada Arzneimittel and some European buyout funds, Reuters letters Monday, citation “sources accustomed with the matter.”
–Upsa was put up for auction over the summer, and bidders were accustomed an Oct. 5 deadline, the address said.
–A accord could be account as abundant as EUR1 billion, the address said.
Full story: https://www.reuters.com/article/us-bristol-myers-m-a-stada-arzneimitt/stada-buyout-funds-in-race-for-bristol-myers-french-business-sources-idUSKCN1MI1EN
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