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Abbott buys BASF's Knoll, pharmaceutical units
21 Mar 2001
Executive Summary
Abbott Laboratories is paying $6.9bn in cash for BASF's pharmaceutical business, including all Knoll divisions. It paid $650mm from available cash and is financing the remaining $6.35bn with debt at rates between 6-6.5%.
Deal Industry
- Pharmaceuticals
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Includes Contract
- Payment Includes Cash
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Abbott buys BASF's Knoll, pharmaceutical units
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