Meda in €2.3bn Rottapharm acquisition

Rottapharm of Italy, which at the start of July was planning an initial public offering (IPO) by month-end, is to be acquired by Sweden's Meda for SEK21.2bn (€2.275bn).

Rottapharm of Italy, which at the start of July was planning an initial public offering (IPO) by month-end, is to be acquired by Sweden's Meda for SEK21.2bn (€2.275bn).

The deal comprises SEK15.3bn (€1.643bn) in cash, 30 million Meda shares corresponding to a value of SEK3.3bn (€357m) and a...

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