Subject category:
Finance, Accounting and Control
Published by:
Ivey Publishing
Version: 1999-11-25
Share a link:
https://casecent.re/p/15271
Write a review
|
No reviews for this item
This product has not been used yet
Abstract
ICN Pharmaceuticals Inc had submitted a bid to purchase Polfa Rzeszow, the Polish state-owned pharmaceutical corporation. Three major pharmaceutical companies (Merck & Co, Inc, Hoechst Marion Roussel and ICN) were involved in the final round of bidding. ICN''s bid was low by comparison. Under pressure from management, the Polish government asked ICN to resubmit its bid to make it more competitive with the other bids. Given the opportunity to rebid for Polfa, ICN was faced with deciding how much ICN should offer for the company and on what terms.
About
Abstract
ICN Pharmaceuticals Inc had submitted a bid to purchase Polfa Rzeszow, the Polish state-owned pharmaceutical corporation. Three major pharmaceutical companies (Merck & Co, Inc, Hoechst Marion Roussel and ICN) were involved in the final round of bidding. ICN''s bid was low by comparison. Under pressure from management, the Polish government asked ICN to resubmit its bid to make it more competitive with the other bids. Given the opportunity to rebid for Polfa, ICN was faced with deciding how much ICN should offer for the company and on what terms.