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Exclusive - Pfizer, Novartis, Abbott weigh bids for Brazil's Ache - sources

Started by riky, April 03, 2013, 09:00:17 AM

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riky

Exclusive - Pfizer, Novartis, Abbott weigh bids for Brazil's Ache - sources

<p><a href="http://news.yahoo.com/exclusive-pfizer-novartis-abbott-weigh-bids-brazils-ache-194905988--finance.html"><img src="http://l3.yimg.com/bt/api/res/1.2/roubR4iaQu5DW.6xDmPANQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-04-02T195635Z_2_CBRE9311J5X00_RTROPTP_2_NOVARTIS.JPG" width="130" height="86" alt="A logo is pictured on a building of Swiss drug maker Novartis before its annual general meeting in Pratteln" align="left" title="A logo is pictured on a building of Swiss drug maker Novartis before its annual general meeting in Pratteln" border="0" /></a>By Jessica Toonkel and Ben Hirschler NEW YORK/LONDON (Reuters) - At least three of the world's top drugmakers are bidding for Brazil's Ache Laboratorios Farmaceuticos in an auction that may value the group at more than $5 billion, people familiar with the matter said. Pfizer Inc, Novartis AG and Abbott Laboratories are all weighing second-round bids to acquire the company, which boasts a strong position in Brazil's fast-growing pharmaceuticals market, the people said. Bids are due in the second half of April, two of the people said, asking not to be identified because the auction is not ...</p><br clear="all"/>

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