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Shanghai Fosun Comments on Media Reports of Bid for Stada

firstwordpharmaMarch 13, 2017

Tag: shanghai , Fosun

Fosun Pharmaceutical sought to rebut media reports that it is considering submitting a bid for Stata Arzneimittel, StreetInsider reported Friday.

  • Recent reports indicated that Fosun could submit an offer for Stada worth 3.6 billion euros.

  • Meanwhile, the Chinese drugmaker contended that it has not made arrangements or plans to submit an offer for Stata.

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