Bids for Power

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.