Brief: Hungary's Richter divests Romanian wholesale and retail operations

Richter Gedeon Vegyeszeti Gyar Nyrt

21/10/2022 07:04

Oct 21 (Reuters) - Richter Gedeon Vegyeszeti Gyar Nyrt
 GDRB.BU :
    * DIVESTS ITS WHOLESALE AND RETAIL OPERATIONS IN ROMANIA
    * TO DIVEST UNITS TO MEDIPLUS EXIM S.R.L, A ROMANIAN
SUBSIDIARY OF
A&D PHARMA
    * PURCHASE PRICE IS DUE ON THE CLOSURE OF THE TRANSACTION
PENDING
ON THE APPROVAL OF THE ROMANIAN COMPETITION AUTHORITY
    * DEAL FURTHER INCREASES STRATEGIC FOCUS ON CORE ACTIVITIES
    * SUSTAINED PROTECTION OF HIGH MARGINS ACHIEVED BY OUR
HIGHLY
SPECIALISED PHARMACEUTICAL BUSINESS SEGMENT IS OF PARAMOUNT
IMPORTANCE

Further company coverage:  GDRB.BU 
 (Reporting by Gergely Szakacs)
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