Chile CFR shares jump over 45 pct following news of Abbott deal

viernes 16 de mayo de 2014 11:18 GYT

SANTIAGO May 16 (Reuters) - Shares in CFR Pharmaceuticals SA jumped over 45 percent in opening trade on Friday following news that Abbott Laboratories would acquire the company in a $2.9 billion deal.

CFR shares had remained closed on the Santiago stock exchange to give the market time to digest the news. (Reporting by Santiago newsroom, Editing by Franklin Paul)