Tuesday, September 29, 2009

Abbott to acquire business of Solvay Pharma for US$ 6.6 Bn

Abbott has entered a definitive agreement with the Solvay Group for acquisition of Solvay's pharmaceuticals business for EUR 4.5 billion ($6.6 billion) in cash, providing Abbott with a large and complementary portfolio of pharmaceutical products and a significant presence in key global emerging markets.

The details can be read here.

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