Business news feedS.Africa's Bidvest to take $675 mln Adcock offer to shareholders

Sat,20Dec2014

Posted on Friday, 05 April 2013 07:23

S.Africa's Bidvest to take $675 mln Adcock offer to shareholders

April 5, 2013, 9:24 am

JOHANNESBURG (Reuters) - South African conglomerate Bidvest Group said on Friday it would take its $675 million offer for control of Adcock Ingram directly to shareholders, after the board of the underperforming drugmaker snubbed its bid."Bidvest will engage with Adcock shareholders," it said in a statement.



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