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Fresenius, Akorn confirm deal talks

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Fresenius, Akorn confirm deal talks

Fresenius SE & Co. KGaA and Akorn Inc. confirmed that they are in discussions for a deal.

Fresenius said there is no certainty of a potential takeover, Reuters reported April 7, citing a statement by the company.

Akorn said that entry into a formal agreement regarding the transaction is subject to the approval of the executive and supervisory boards of Fresenius and the board of Akorn, among other things.

The companies do not intend to make any additional comments regarding these negotiations unless and until it is appropriate to do so, or a formal agreement has been reached.