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Business
Aspen Seeks Sigma In Generics Play
by Rick Mullin
May 31, 2010
| A version of this story appeared in
Volume 88, Issue 22
The South African generic drugs firm Aspen Pharmacare has offered to buy Sigma Pharmaceuticals, an Australian generic drugmaker and health care distributor, in a stock deal valued at about $1.2 billion. Aspen has annual sales of about $1.1 billion, compared with Sigma’s $2.6 billion. According to reports from Australia, however, Sigma may attempt to attract other bidders.
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