Bloomberg the Company

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

Stada Dropped Two Takeover Attempts in Russia, Reuters Reports

Don't Miss Out —
Follow us on:

March 14 (Bloomberg) -- Stada Arzneimittel AG failed in two takeover attempts in Russia over the last two years after months of exclusive talks, Reuters reported, citing unidentified people familiar with the negotiations.

The German drugmaker in 2010 dropped a potential merger with Russia’s OAO Pharmstandard and a year ago decided against buying Valenta in a deal valued at about $400 million, Reuters said. Stada declined to comment, the news service said.

To contact the reporter on this story: Cornelius Rahn in Frankfurt at

To contact the editor responsible for this story: Kenneth Wong at