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Hafslund Nycomed Company

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November 16, 1995 | Times Staff and Wire Reports
Ivax Corp., Hafslund Nycomed Call Off Merger: The two companies said they called off their planned merger because of shareholder opposition. Hafslund Nycomed nixed the deal because it did not believe it could get approval of the required two-thirds of shareholders. Instead of merging, the two companies have agreed to licensing and collaboration deals that they expect will bring many of the expected benefits of a merger. The merger, announced on Oct.
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BUSINESS
November 16, 1995 | Times Staff and Wire Reports
Ivax Corp., Hafslund Nycomed Call Off Merger: The two companies said they called off their planned merger because of shareholder opposition. Hafslund Nycomed nixed the deal because it did not believe it could get approval of the required two-thirds of shareholders. Instead of merging, the two companies have agreed to licensing and collaboration deals that they expect will bring many of the expected benefits of a merger. The merger, announced on Oct.
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