ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

OTSKY Otsuka Holdings Co Limited (PK)

21.16
0.11 (0.52%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Otsuka Holdings Co Limited (PK) USOTC:OTSKY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.11 0.52% 21.16 21.13 21.69 21.72 20.40 20.40 44,489 21:00:03

Otsuka to Buy Avanir for $3.5 Billion

02/12/2014 12:42pm

Dow Jones News


Otsuka (PK) (USOTC:OTSKY)
Historical Stock Chart


From Jun 2019 to Jun 2024

Click Here for more Otsuka (PK) Charts.

Japanese drug maker Otsuka Pharmaceutical Co. has agreed to buy California-based Avanir Pharmaceuticals Inc. in a deal that values the Nasdaq-traded company at $3.5 billion.

Avanir said in a statement Tuesday that Otsuka Pharmaceutical will buy the company for $17 a share in cash, noting that the boards of directors of both companies have approved the transaction.

Avanir develops drugs to treat central nervous system disorders. The companies said that Avanir would partner with Otsuka in the U.S. to continue development of the drugs and on their commercialization efforts.

The companies expect the deal to close in the first quarter of 2015, with Avanir becoming an independent unit of Otsuka's U.S. operations.

Access Investor Kit for Otsuka Holdings Co., Ltd.

Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=JP3188220002

Access Investor Kit for Avanir Pharmaceuticals, Inc.

Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=US05348P4019

Access Investor Kit for Otsuka Holdings Co., Ltd.

Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=US6891641010

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


1 Year Otsuka (PK) Chart

1 Year Otsuka (PK) Chart

1 Month Otsuka (PK) Chart

1 Month Otsuka (PK) Chart

Your Recent History

Delayed Upgrade Clock