April 7, 2017 / 10:06 PM / in 6 months

BUZZ-Akorn Inc: Fresenius in takeover talks

(Updates)

** Generic drugmaker’s shares up 11.2 pct at $33.10 in extended trading

** Stock one of the biggest pct gainers among Nasdaq-listed stocks

** German healthcare group Fresenius SE & Co KGaA says in talks with the generic drugmaker for a potential takeover

** There can be no assurance any transaction will result from these talks - Fresenius

** Bloomberg reported earlier on Friday that Fresenius was weighing a bid for the company

** Up to Friday’s close, AKRX had risen 36.37 pct YTD

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