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6:39 PM
 | 
Oct 18, 2007
 |  BC Extra  |  Company News

Galenica to acquire Aspreva

Galenica (SWX:GALN) will acquire Aspreva (TSX:ASV; ASPV) for US$26 per share or about US$915 million in cash. The deal is a 16% premium to ASPV's close of US$22.50 on Oct. 17, before the deal was announced. GALN said the purpose of the acquisition is to speed the pipeline development...

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