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Sandoz acquires Sabex for €460mm cash
01 Jul 2004
Executive Summary
Novartis AG's generics subsidiary Sandoz will pay €460mm ($565mm) in cash to acquire its Canadian competitor Sabex. The purchase price is about six times the acquired company's $90mm recorded sales of last year.
Deal Industry
- Pharmaceuticals
-
Pharmaceuticals
- Generic Drugs
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Payment Includes Cash
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