Pharma Deals Review, Vol 2002, No 25 (2002)

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Berna Biotech acquires Rhein Biotech for US$257 M

Business Review Editor

Abstract


Berna Biotech entered into an agreement to acquire Rhein Biotech for €279 M (US$257 M) in cash and stock. Berna is to offer 1.42 Berna shares and €33.75 in cash for each Rhein Biotech stock.

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