Nycomed is going for a big move it is planning to acquire Solvay pharmaceutical, this deal will boost Nycomed sales to more than $9 Billion and will help Nycomed to diversify their portfolio in gastrointestinal, CNS, and cardiac areas. Nycomed after this deal can penetrate its operations in Europe and in the emerging markets such as India. Some reports say that Nycomed which is controlled by Nordic Capital and Credit Suisse Group AG is interested in selling its shares with Initial public offering later this year as IPO will help them to repay their investors and this deal will also help them move into league of bigger and diversified pharmaceutical company.
No comments:
Post a Comment