US drugs-giant to acquire Akzo Nobel's Organon for $14.4 billion - Instablogs

US drugs-giant to acquire Akzo Nobel's Organon for $14.4 billion - Instablogs

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US drugs-giant to acquire Akzo Nobel's Organon for $14.4 billion

Balendu , Delhi: Mar 13 2007

Made Popular Mar 13 2007

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Schering-Plough, the leading US drugs firm, has agreed to buy Akzo Nobel NV’s drugs unit Organon BioSciences for $14.4 billion in a bid to gain scale and diversify away from cholesterol medicine. The cash sale has marked last-minute reversal...

Tags: Merger & Acquisition, Schering-plough, Organon, Business

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