Brief: Vetoquinol To Acquire Rights For Profender And Drontal

Vetoquinol SA

13/02/2020 14:27

Feb 13 (Reuters) - VETOQUINOL SA  VETO.PA :
    * VETOQUINOL TO ACQUIRE RIGHTS FOR PROFENDER® AND DRONTAL®
FROM
ELANCO ANIMAL HEALTH FOR THE EUROPEAN ECONOMIC AREA AND THE UK
    * DEAL IS EXPECTED TO CLOSE BY MID-YEAR 2020
    * ACQUISITION WILL BE FINANCED THROUGH COMBINATION OF
AVAILABLE
CASH AND COMMITTED FINANCING FROM VETOQUINOL BANKING PARTNERS
FOR $140 MILLION IN AN ALL CASH DEAL SUBJECT TO CUSTOMARY
POST-CLOSING ADJUSTMENTS
    * MCDERMOTT WILL & EMERY LLP ACTED AS LEGAL COUNSEL TO
VETOQUINOL

Source text for Eikon:  ID:nBw47sp7Ja 
Further company coverage:  VETO.PA 

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