CSL buys ZLB for 860 million Swiss francs
CSL of Australia is to buy Zentrallaboratorium (ZLB), the bloodplasma division of the Swiss Red Cross, for 860 million Swiss francs ($524.9 million), having beaten off a bid from Novartis in an auction. The company said that the deal gives CSL an immediate entry into the lucrative US plasma products market, and the merged CSL/ZLB will rank third in that sector behind Baxter/Immuno and Aventis Behring of France.
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