Il Sole 24 ore - February 22, 2011
Kyowa Hakko Kirin The Japanese group has reached agreement to acquire ProStrakan, the Scottish pharmaceutical company, for 292 million pounds. The transaction is expected to close in May 2011. It can not be ruled out possibility of a counter-bid or that the current proposal could be revised upward. Kyowa ProStrakan already distributes two products in Asia with the acquisition and gain a platform for expansion in the U.S. and strengthen its European network.
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