BRIEF-Masco announces pricing of tender offers
* Masco Corp - tender offers will expire on July 11, 2017, unless extended or earlier terminated Source text for Eikon: Further company coverage:
FRANKFURT Oct 24 U.S. drugs distributor McKesson made a 23 euros per share takeover bid for German peer Celesio, Celesio said on Thursday.
San Francisco-based McKesson, the largest U.S. drugs wholesale group, has struck a deal to purchase the 50.01 percent stake in Celesio held by the diversified holding company Franz Haniel & Cie and is also offering to snatch up the remaining shares, it added.
The 23 euro per share bid represents a premium of about 43 percent over the stock price since speculation began in June that majority owner Haniel might sell its stake.
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