MONTEDISON CONCLUDES TALKS WITH ANTIBIOTICOS
Montedison Spa <MONI.MI> said it has
concluded its negotiations with Spanish pharmaceuticals company
<Antibioticos SA>.
A company spokesman told Reuters "We have concluded the
talks and we are now awaiting authorization from Spanish
authorities." He declined to comment further.
Earlier today the Italian company postponed a scheduled
press conference on its talks with Antibioticos. An Italian
press report today said Montedison has agreed to acquire
Antibioticos for 500 billion lire.