Hikma to buy Egypt's Alkan Pharma for $60.5 mln
LONDON Aug 9 (Reuters) - Jordanian drugmaker Hikma Pharmaceuticals Plc (HIK.L) said on Thursday it had agreed to buy Alkan Pharma for $60.5 million cash to enter the Egyptian pharmaceuticals market.
Hikma said the deal was scheduled to complete in the second half of this year and would be funded by debt.
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DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.