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Replies to #64108 on Biotech Values

DewDiligence

07/10/08 11:09 AM

#64109 RE: gym gravity #64108

The Speedel deal is one where we can say for sure that exchange rates were not a factor. The buyout consideration is in Swiss francs and NVS, as a Swiss-based company, maintains ample liquidity in Swiss francs.

But you’re correct to note that, in several of the deals in the buyout table, exchange rates probably were a significant factor.