Actavis CEO Claudio Albrecht talks to Reuters, Handelsblatt
Claudio Albrecht was interviewed by the global news agency Reuters and the leading German business paper Handelsblatt during his trip to Germany on 9 February.
Reuters reports Claudio’s confirmation that last year was Actavis’ best ever year and talks about measures the company is taking to boost earnings. The news agency quotes him as saying that Actavis is not in an ideal position when it comes to enterprise value, but adds that after two to three years an initial public offering (IPO), a sale or a tie-up with another company could become an option.
Handelsblatt focuses on possible acquisitions in markets where the company is underrepresented, including Poland, Russia, Turkey and Southern-Europe. The paper says Stada is not on Actavis’ radar, as its main strength is Germany, a market that’s not attractive at the moment due to pricing pressures.
This news content was configured by WebWire editorial staff. Linking is permitted.
News Release Distribution and Press Release Distribution Services Provided by WebWire.