Hafslund Nycomed
This article was originally published in The Gray Sheet
Executive Summary
Oslo, Norway-based company finalizes acquisition of Nycomed, Inc., Sterling Winthrop's former diagnostic imaging business, from Paris-based Sanofi S.A. for $450 mil. In a letter of intent agreement announced June 29, Nycomed said it would purchase Sterling's U.S. diagnostic imaging agent business from Sanofi once the French company had completed its acquisition of Sterling's prescription drug operations from Eastman Kodak. Both transactions were completed Oct. 3