Merck KGaA mandates Goldman as additional advisor for Versum deal

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Merck KGaA mandates Goldman as additional advisor for Versum deal
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German drugs and lab supplies group Merck KGaA has brought in Goldman Sachs as a...

FILE PHOTO: A logo of drugs and chemicals group Merck KGaA is pictured in Darmstadt, Germany January 28, 2016. REUTERS/Ralph Orlowski

“Goldman Sachs is acting as our advisor alongside Guggenheim and Sullivan Cromwell,” a Merck spokesman said on Friday. Goldman Sachs declined to comment. “The capital market reaction is relatively unequivocal. You see it in Versum’s share price,” Merck Chief Executive Stefan Oschmann had said, reaffirming that his bid was clearly superior.

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