Spain's Almirall denies bid approach
Spain's largest pharmaceutical company, Almirall, saw its share price leap 5.5% on September 2, on takeover bid speculation.
The company issued a statement saying: "regarding the news that has appeared early this morning on Almirall indicating a potential offer on Almirall stock on behalf of a Dutch fund, the company wants to indicate that it has not received - neither formally nor informally - an offer nor an indication for acquiring a package of Almirall shares. The company is not aware either of actions intended to acquire a significant package of the Almirall stock."
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