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Tuesday, January 31, 2012

Glaxo, Lilly, Pfizer Said to Eye Stake in Turkey’s MN Pharma - Businessweek

Glaxo, Lilly, Pfizer Said to Eye Stake in Turkey’s MN Pharma
January 31, 2012, 10:38 AM EST

By Ercan Ersoy

(Updates with preliminary bidding in third paragraph.)

Jan. 31 (Bloomberg) -- GlaxoSmithKline Plc, Eli Lilly & Co. and Pfizer Inc. are among about half a dozen companies interested in buying a stake in Mustafa Nevzat Ilac Sanayii AS in a deal that may value the Turkish drugmaker at $1 billion, three people with knowledge of the situation said.

More:Glaxo, Lilly, Pfizer Said to Eye Stake in Turkey’s MN Pharma - Businessweek