Adcock Ingram Holdings Ltd (AIPJ.J)
5 Dec 2013
|Market Cap (Mil.):||R12,330.53|
|Shares Outstanding (Mil.):||175.50|
JOHANNESBURG - South Africa's state pension fund will not sell its stake in drugmaker Adcock Ingram to Bidvest , a source familiar with the fund's thinking said, potentially thwarting an attempt by the local conglomerate to block a rival Chilean takeover offer.
* PIC believes 70 rand per share undervalues Adcock - source
JOHANNESBURG, Dec 5 - South Africa's state pension fund will not sell its stake in Adcock Ingram to bidder Bidvest at 70 rand a share because it believes the offer undervalues the company, a source familiar with the fund's thinking said on Thursday.
JOHANNESBURG, Dec 3 - CFR Pharmaceuticals' $1.2 billion bid for South African drugmaker Adcock Ingram is "fully compliant" with local regulations, the chief executive of the Chilean company said on Tuesday.
JOHANNESBURG, Dec 3 - South African industrial conglomerate Bidvest has asked a high court to invalidate a $1.2 billion takeover bid for local drugmaker Adcock Ingram by a Chilean rival, according to a summary of the suit seen by Reuters on Tuesday.
JOHANNESBURG - A Chilean group's $1.2 billion bid for South African drugmaker Adcock Ingram was challenged on two fronts on Monday, as a group led by Bidvest sought nearly a third of Adcock's shares and launched a court action against the bid.
* Bidvest, CIH offer to raise Adcock stake to up to 34.5 pct
JOHANNESBURG, Nov 28 - South Africa would want Chile's CFR Pharmaceuticals to increase its black shareholders if Pretoria allowed it to buy local firm Adcock Ingram, a government official said on Thursday.
JOHANNESBURG, Nov 28 - South Africa would require Chile's CFR Pharmaceuticals to increase its black shareholders if it allowed it to buy local firm Adcock Ingram , a government official told Business Day newspaper on Thursday.
* Shareholder accuses Adcock of misleading investors - document
Earnings vs. Estimates
Analyst Research Reports
Adcock Ingram Holdings Ltd: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: MarketLine (a Datamonitor Company)
NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.