Sweden's Sobi says terminates takeover talks

June 8, 2015 6:25 AM

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STOCKHOLM, June 8 Swedish rare diseases drugmaker Swedish Orphan Biovitrum (Sobi) said on Monday it had terminated discussions regarding a non-binding proposal in relation to a possible offer for the company.

The firm said in late April it had received a preliminary proposal for a bid on the company, and Reuters identified Pfizer as the bidder.

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