Swiss bid for Maersk Medical rumoured  

2002.10.10
Swiss medical company Disetronic is reported to have tabled a DKK 1.7 million bid
According to reports circulating in the Danish press today, the Swiss medical equipment company Disetronic has made a bid for Maersk Medical, which the A P Møller Group put up for sale in April. The offer is rumoured to be in the region of DKK 1.7 billion (USD 221 million) which approximately corresponds to Maersk Medical's annual turnover. Analysts view the release of this information as a sign that a deal is not far off, and that rivalry is hotting up between interested parties. US company Medtronics has previously been reported as a possible buyer. Maersk Medical has a core business in plastic catheters for insulin infusion that the company manufactures at a 7000 sq m. production and warehousing facility on Sjælland.

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