Alejandro Weinstein

Chile-based CFR Pharmaceuticals shareholders sweetens bid for South Africa's Adcock

Shareholders of Chile-based firm CFR Pharmaceuticals gave a nod on Friday for a sweetened takeover offer for South African drug maker Adcock Ingram in a bid to woo the top shareholder of the South African firm.

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CFR Pharmaceuticals issues formal bid for Adcock Ingram

Chilean drug maker CFR Pharmaceuticals issued a formal bid to acquire 100% of the issued share capital of South African pharmaceutical company Adcock Ingram Holdings Limited for USD1.26 billion.

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