Brief: PTT Says On 18 Nov, Approved Unit To Acquire All Stakes In Alvogen Emerging Markets Holdings

Lotus Pharmaceutical

26/11/2021 06:22

Nov 26 (Reuters) - PTT:
    * ON 18 NOV, APPROVED UNIT TO ACQUIRE ALL STAKES IN ALVOGEN
EMERGING MARKETS HOLDINGS
    * DEAL FOR ABOUT US$475 MILLION
    * DEAL WITH AZTIQ HK LTD THRU AZTIQ II HOLDCO LTD AND AZTIQ
II
BIDCO LTD
    * AFTER DEAL UNIT WILL HAVE INDIRECT HOLDING IN LOTUS 
PHARMACEUTICAL OF ABOUT 37% AND 60% OF TOTAL ISSUED CAPITAL IN
ADALVO

Source text for Eikon:  ID:nSET4Nw2fa 
Further company coverage:  PTT.BK 

 ((Reuters.Briefs@thomsonreuters.com;))