Wednesday, 27 November 2013

South Africa's Adcock says CFR takeover vital to its survival

JOHANNESBURG (Reuters) - South African drug maker Adcock Ingram said a $1.2 billion takeover by Chile's CFR Pharmaceuticals, which is opposed by its biggest shareholder, was vital to its long-term survival. State pension fund Public Investment Corporation (PIC) is opposing CFR's cash-and-shares offer because of concerns about foreign control and the share component of the deal, a source familiar with the fund's thinking said earlier this month. ... via Health News Headlines - Yahoo! News Read More Here..


Lake forest health and fitness http://healthandfitness1blog.blogspot.com/2013/11/south-africa-adcock-says-cfr-takeover.html

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