McKesson set to bid up to 23 eur/shr for Celesio - sources

Reuters

FRANKFURT, Oct 23 (Reuters) - U.S. drugs distributorMcKesson is set to make a full takeover offer of up to23 euros per share for its German peer Celesio, twopeople familiar with the matter said on Wednesday.

Diversified holding company Franz Haniel & Cie,which holds 50.01 percent of Celesio's shares, is nearing anagreement to sell its stake to San Francisco-based McKesson, ina deal that would value Celesio's equity capital at as much as3.9 billion euros ($5.4 billion).

Celesio and Haniel declined to comment, while SanFrancisco-based McKesson was not immediately available forcomment.

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