European leveraged finance brushes off Stada takeover flop
The European leveraged finance market was disappointed this week when Bain Capital’s and Cinven’s €5.3bn bid for German generic drug firm Stada fell apart.
Bain and Cinven failed to convince
Stada stockholders with their €66.00 a share offer. If the offer had been accepted, it would have been the largest European LBO since 2015, and it was expected to bring at
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