Adcock shareholders to vote

In a dramatic turn of events today, Bidvest is attempting to block the takeover of pharmaceutical company Adcock Ingram. A Chilean group has made a 13 billion Rand offer for South Africa's number 2 drug firm. Bidvest wants to raise its stake in Adcock and has launched court action against the bid. Analysts say its a fresh attempt to gain control of the underperforming company.