written on 17.04.2014

Novartis near to wrapping up $1.7B sale of part-owned patchmaker LTS Lohmann

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It&#39;s been almost a yearlong contest, but a deal for patchmaker LTS Lohmann appears to be nearing the finish line. The private equity firm Nordic Capital is likely to beat out competitor Wendel for the deal, <em>Bloomberg</em> says, at a price of about $1.7 billion.