Vetoquinol : Anti-trust stage prior to completion of acquisition of Profender®/Drontal® has been concluded - target price raised to € 64.8 (vs € 58.2)
>Closing of the Profender® / Drontal® draws closer - Yesterday we learned that the European Commission has approved the proposed takeover of Bayer's animal health division by Elanco.This decision is itself conditional on the sale of several of Elanco's assets, for concentration reasons (Elanco has divested several assets since the beginning of 2020).This approval would therefore be a step towards the completion of the acquisition by Vétoquinol of two product...V?toquinol is a global player in the animal health sector, serving both the livestock (cattle and pigs) and pet (dogs and cats) markets. Co. designs, develops, and sells veterinary drugs and non-medicinal products in Europe, the Americas and the Asia Pacific region, as an independent entity. Co. is also active in the therapeutic fields of anti-infectives, pain-inflammation and cardiology-nephrology treatment. As of Dec 31 2013, Co.'s product portfolio included brands such as Aurizon®, Epiphen®, Ipakitine®, Marbocyl®, Propalin®, Tolf?dine®, Tolfine®, Clavaseptin®, and Vetprofen®. Co.'s brands are V?toquinol, Tomlyn, and Evsco in the U.S.A. and Equistro for the horse range.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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