Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.

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Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO
Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPOView Video
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plantView Video

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Allergan rebuffed in seeking offers to combat Valeant bid-report

Sun, 11th May 2014 16:00

(Refiled to remove extraneous text characters in headline)

May 11 (Reuters) - U.S. medical firm Allergan Inc declined to comment on Sunday on a report that it has beenseeking offers from rival companies to combat ValeantPharmaceuticals International's $47 billion cash andshare offer.

A spokeswoman for Allergan told Reuters on Sunday thecompany had no comment to make on whether it was seeking offersfrom other companies, following a report by Bloomberg thatAllergan has so far been rebuffed by rival companies it hastried to interest in making an offer.

Allergan contacted both Sanofi SA and Johnson &Johnson after Valeant made its offer on April 22,Bloomberg said, as well as GlaxoSmithKline Plc andNovartis AG. (Reporting by Scott DiSavino; Editing by Greg Mahlich)

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