Arab Today, arab today dutch dsm\s bid kensey nash successful
Last Updated : GMT 15:59:42
Arab Today, arab today
Arab Today, arab today

Dutch DSM\'s bid Kensey Nash successful

Arab Today, arab today

Arab Today, arab today Dutch DSM\'s bid Kensey Nash successful

The Hague - AFP

Dutch pharmaceutical group DSM said Tuesday it was completing a friendly takeover of American-based medical company Kensey Nash in a multi-million-dollar deal, after buying a majority of its shares. \"It has been successful: we currently have an 82 percent stake in Kensey Nash, enough to complete the acquisition before long,\" DSM spokesman Herman Betten told AFP. The deal was done through a friendly tender offer -- announced on May 3 for a total value of $360 million (285 million euros) at 38.50 dollars per share -- which expired Monday. The group, based in Heerlen in southern Netherlands, said it made the acquisition to strengthen its biomedical segment. Based in Exton Pennsylvania, Kensey Nash employs around 325 people and specialises in collagen and synthetic polymer medical technology. DSM employs some 22,000 people globally and manufactures products as diverse as nutritional supplements including a new way of fortifying sugar with Vitamin A, to pharmaceuticals, electronics and paints.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today dutch dsm\s bid kensey nash successful Arab Today, arab today dutch dsm\s bid kensey nash successful

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today dutch dsm\s bid kensey nash successful Arab Today, arab today dutch dsm\s bid kensey nash successful

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today Sally Shaheen considers hosting a political show
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday