LONDON, May 26 (Reuters) - Vectura Group, a British
pharmaceutical company focused on inhaled medicines, said on
Wednesday it had agreed a 958 million pound ($1.36 billion)
takeover by global investment firm The Carlyle Group.
($1 = 0.7067 pounds)
(Reporting by Paul Sandle; Editing by Kate Holton)
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Philip Morris switches Vectura scheme of arrangement to takeover offer
(Sharecast News) - Philip Morris has switched its bid for London-listed inhaler maker Vectura to a takeover offer from a scheme of arrangement, which means the US tobacco giant will now require a lower level of shareholder approval.
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