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Talks over Celesio could drag on for weeks - sources

Started by riky, October 10, 2013, 09:00:15 AM

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Talks over Celesio could drag on for weeks - sources

By Arno Schuetze and Frank Siebelt FRANKFURT (Reuters) - Talks between U.S. drug distributor McKesson and the owner of Celesio over a possible bid for the German company could drag on for weeks, people familiar with the matter said on Wednesday. Shares in Celesio, one of Europe's largest drug wholesalers, surged 20 percent on Tuesday on a report that McKesson could offer about 3.74 billion euros ($5.1 billion), or 22 euros per share, for the German company. ...

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