Brief: Medicure exercises option to acquire additional interests in Apicore

Medicure

10/07/2017 23:34

July 10 (Reuters) - Medicure Inc  MPH.V  
    * Medicure exercises option to acquire additional interests 
in Apicore 
    * Medicure - option exercise allows for acquisition of all 
of shares of Apicore held by founding shareholders for $24.5 
million 
    * Acquisition brings Medicure's ownership in Apicore Inc to 
about 98 percent (94 percent on a fully diluted basis) 
    * Medicure - additionally, Apicore has repaid $9.8 million 
secured loan previously provided to Apicore by Medicure that was 
announced on January 9 
 
Source text for Eikon:  ID:nCNWMj7vCa  
Further company coverage:  MPH.V  
 
 (( bangalore.newsroom@thomsonreuters.com ;))