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Amersham confirms bid approach; shares leap to 18-month high.

Publication: Pharma Marketletter
Publication Date: 13-OCT-03
Format: Online - approximately 432 words
Delivery: Immediate Online Access

Article Excerpt
UK health care group Amersham has confirmed that it has received an approach which could result in the sale of the whole business. The move came after a sharp increase in the company's shares in early-morning London trading October 8.

The identity of the acquisitor has not been disclosed but the announcement could spark a bidding war for London-headquartered Amersham, which, despite having...

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