Bain, Cinven raise Stada buyout offer again under activist pressure

5th September 2017 Uncategorised 0

Last week, an activist investor held out on the buyout offer for Stada—and it worked. Monday, private equity partners Bain Capital and Cinven agreed to hand minority shareholders a souped-up €74.40 per share for the German generics company, thanks to pressure from Elliott Management.

More: Bain, Cinven raise Stada buyout offer again under activist pressure
Source: fierce