Tag archive for ‘Celesio’

Lloyds Pharmacy to acquire J Sainsbury’s pharmacy business for $138 million

J Sainsbury Plc (LON:SBRY) and Celesio AG (ETR:CLS1) owner of LloydsPharmacy Limited, have today announced the formation of a strategic partnership that will see LloydsPharmacy acquire J Sainsbury’s pharmacy More...

Clive Minchom On Friday, January 24th, 2014

McKesson Corporation Crosses 75% Threshold To Buy Celesio With Convertible Bonds From Paul Singer’s Elliott Management In $8.3 Billion Deal Value

– Last night North American health care distributor the Mckesson Corporation announced it had now agreed to purchase enough shares to reach its desired threshold to acquire a minimum of 75% of the shares More...

Clive Minchom On Thursday, January 16th, 2014

Riverbed Technologies Says Thanks But No Thanks To $3.1 Billion Unsolicited Takeover Offer From Elliott Management

–    Paul Singer/ Getty – Just one week ago networking company Riverbed Technology (NASDAQ: RVBD) received an unsolicited takeover offer, from Paul Singer’s Elliott Management offering to More...

Clive Minchom On Wednesday, January 15th, 2014

McKesson $8.2 Billion Bid For Celesio Canceled As Fails To Reach 75% Threshold Despite Paul Singer Dropping Objections

–  Paul Singer/ Getty – US pharmaceutical distributor the McKesson Corporation has been bidding to buy the German company Celesio in a US$8.2 billion transaction, including debt assumed. Last More...

Clive Minchom On Monday, January 13th, 2014

Paul Singer’s Elliott Management Throws In The Towel Over $8 Billion Takeover Of Celesio By McKesson

– Paul Singer / Getty – In November, Jewish Business News reported that Paul Singer’s Elliott Management was trying to block the takeover of German pharmaceuticals distributor Celesio by American More...

Clive Minchom On Friday, November 15th, 2013

Paul Singer Acquires 21% Voting Position In German Company Celesio May Seek Greenmail in $5 Billion Bid

– Paul Singer/ Getty – A regulatory filing last week revealed that billionaire Paul Singer’s Elliot management had acquired a 21.13% voting position in German pharmaceutical wholesaling company More...

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