Brief: Magle Chemoswed Announces Final Acquisition Of PharmaCept

Magle Chemoswed Holding AB

09/04/2021 11:31

April 9 (Reuters) - Magle Chemoswed Holding AB  MAGLE.ST :
    * MAGLE CHEMOSWED HOLDING ANNOUNCES THE FINAL ACQUISITION OF
PHARMACEPT GMBH
    * CO AND PHARMACEPT GMBH (PHARMACEPT) HAVE ENTERED INTO A
DEFINITIVE AGREEMENT FOR MAGLE TO ACQUIRE PHARMACEPT
    * TRANSFER IS EXPECTED ON 1ST JUNE 2021
    * ACQUISITION IS EXPECTED TO IMPROVE COMBINED GROUP'S
PROFITABILITY, WITH CORE OPERATING MARGIN ENHANCED IN SHORT
TERM, AND WITH CONTINUED EXPANSION THEREAFTER

Source text for Eikon:  ID:nMFN2tfTmC 
Further company coverage:  MAGLE.ST 

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