Speculation that Stada Arzneimittel may be looking for a buyout has largely been confirmed after the company’s CEO said as much in a recent German-language news story. Responding to recent acquisition rumors, Stada CEO Peter Goldschmidt told the German Press Agency, “Whether and when STADA might be sold is solely the decision of our owners; Bain Capital and Cinven.” From the company’s view, Goldschmidt said, “our owners are in an orientation phase in which initial exploratory talks are taking place.”
Read the full article: Stada in ‘Exploratory Talks’ about Possible Sale, CEO Says, but Nothing Is Certain //
Source: https://www.fiercepharma.com/pharma/stada-ceo-confirms-acquisition-rumors-which-could-see-german-drugmaker-valued-eu10b