TITLE

Organon attracts three buyers

AUTHOR(S)
Ovrebekk, Hilde; Gibson, Jane
PUB. DATE
January 2007
SOURCE
ICIS Chemical Business;1/22/2007, Vol. 2 Issue 50, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Akzo Nobel's pharmaceuticals division Organon has attracted three private equity firms. Akzo Nobel declined to comment on the potential takeover offers for Organon, which is worth more than €8 billion. Carlyle Group and Cinven, the Blackstone Group and a group including Kohlberg Kravis Roberts & Co. were named as interested parties. However, an Akzo Nobel spokeswoman said that no deadline had been set by the company for preliminary offers for the business unit.
ACCESSION #
23977556

 

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