Saturday, January 26, 2008

MDX

"Meldex’s first bidder is understood to be its founder and former chairman Barry Muncaster, who has built an 8.2 per cent stake. Landsbanki said that Meldex would be attractive to a US company with a minimal European distribution network and a complementary range of generic products, but it said that the price would probably be a small discount to its 95p target and recommended “hold”."

http://business.timesonline.co.uk/tol/business/markets/article3254641.ece