Stada Explores €6 Billion Cooper Consumer Health Takeover as Record Profits Fuel Deal Hunt
Updated
Updated · Bloomberg · Jun 23
Stada Explores €6 Billion Cooper Consumer Health Takeover as Record Profits Fuel Deal Hunt
1 articles · Updated · Bloomberg · Jun 23
Summary
Stada has opened preliminary talks on a possible acquisition of Cooper Consumer Health that could value the consumer-health company at about €6 billion, according to people familiar with the matter.
The German drugmaker is pursuing acquisitions after posting record profits, using stronger earnings to support a broader expansion push.
Cooper Consumer Health is owned by private equity backers including CVC, and the discussions remain early, with no deal finalized.