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Elliott agrees to sell part of its Celesio stake to McKesson
January 9, 2014 / 11:21 AM / 4 years ago

Elliott agrees to sell part of its Celesio stake to McKesson

FRANKFURT, Jan 9 (Reuters) - Hedge fund Elliott said on Thursday it would tender at least 27.175 million shares in Celesio after McKesson raised its offer for the German company to 23.50 euros ($32) per share from 23 euros previously.

It also said it has agreed to sell 4,866 bonds convertible into Celesio shares to McKesson.

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