MDS under pressure to sell Nordion unit

06/30/2008 | Ottawa Citizen (Ontario) ·

Obrem Capital Management is urging MDS to sell several of its units, including MDS Nordion, which makes medical isotopes. The hedge fund believes Nordion would sell for around $1 billion. "We believe that any uncertainties surrounding MDS Nordion can be resolved as a stand-alone company," Obrem said, and MDS issued no comment.

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Ottawa Citizen (Ontario) ·

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