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CVC Capital Raises Offer for Recordati to €10.5 Billion
Source: Bloomberg
M&A & RestructuringHealthcare & BiotechPrivate Markets & Venture
CVC Capital Partners raised its offer to acquire all of Italian pharmaceutical company Recordati to €10.5 billion ($11.8 billion) after pressure to increase the bid. The higher offer is positive for Recordati shareholders, but the article provides no details on deal terms or market reaction.
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