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BRIEF-Shanghai Pharmaceuticals clarifies on reports about co's possible bid for Stada Arzneimittel AG
May 17, 2017 / 1:47 AM / 4 months ago

BRIEF-Shanghai Pharmaceuticals clarifies on reports about co's possible bid for Stada Arzneimittel AG

May 17 (Reuters) - Shanghai Pharmaceuticals Holding Co Ltd

* Recently discussed about possibilities of project Stada with a couple of financial investors

* Bidding price of 70 euro per share that media mentioned is inconsistent with reality

* Refers to reports that co is considering to team up on a bid for German pharmaceutical company, Stada Arzneimittel AG Source text for Eikon: Further company coverage:

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