Bids for Power

Published: May 1, 2006
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Bids for Power

By: Gambro AB


Originally Published MX May/June 2006

BUSINESS NEWS

The board of directors of Swedish medical supply giant Gambro AB (Stockholm) in April recommended that its shareholders accept a buyout offer from Nordic investor group Indap AB. At the time of the offer, the bid of 38.26 billion Swedish kronor (nearly $5 billion) represented a more than 30% premium over the company's average share price over the previous three months.


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