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TELESTA THERAPEUTICS INC T.TST

"Telesta Therapeutics Inc is a biopharmaceutical company. The Company is engaged in the research, development, manufacturing and commercialization of human health products and technologies."


TSX:TST - Post by User

Bullboard Posts
Post by rgonlyfactsplson Mar 08, 2012 8:48am
2197 Views
Post# 19642260

Possibly Bayer's potential bid...

Possibly Bayer's potential bid...
...for Pfizer's Animal-Health unit has analysts and investors "revisiting" another Company's extremely under valued stock price (BNC).

A few excerpts from this morn's article and link below:
Bayer AG (BAYN), the largest German drugmaker, is weighing a bid for Pfizer Inc.’s (PFE) animal-health unit and discussing how to raise funding with banks, said people with knowledge of the plans.

The Pfizer veterinary business is likely to fetch $14 billion to $18 billion in a sale, according to research firm Leerink Swann LLC. Novartis AG (NOVN), Europe’s second-biggest pharmaceutical company, may also be interested in the business, people familiar said.

Bayer wants to strengthen its health-care unit, Chief Executive Officer Marijn Dekkers said Feb. 28 when the company reported fourth-quarter earnings. “Pfizer animal health is a great business,” Dekkers said. “I don’t want to comment on our interest.”

https://www.bloomberg.com/news/2012-03-07/bayer-is-said-to-consider-making-offer-for-pfizer-s-animal-health-division.html

BNC's recently brighter sp has certainly added to a sunny vacation. All the best, rg

Bullboard Posts