Since HANFA on August 10 approved the publishing of a bid for the takeover of Pliva by the US company Barr, Actavis's offer will be considered a rival offer in line with relevant legislation.
Barr offered 743 kuna per share in its takeover bid.
ZAGREB, Aug 31 (Hina) - The Croatian agency for the supervision of financial services HANFA on Thursday decided to approve the publishing of a bid for the takeover of the pharmaceutical company Pliva by the Icelandic company Actavis,
which offered 795 kuna for each Pliva share and submitted to HANFA bank guarantees from HSBC Bank Plc. from London.
ZAGREB, Aug 31 (Hina) - The Croatian agency for the supervision of
financial services HANFA on Thursday decided to approve the publishing of a
bid for the takeover of the pharmaceutical company Pliva by the Icelandic
company Actavis, which offered 795 kuna for each Pliva share and submitted to
HANFA bank guarantees from HSBC Bank Plc. from London.