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7 months ago
BRIEF-Recipharm says wins regulatory approval to buy Indian business
December 30, 2016 / 9:36 AM / 7 months ago

BRIEF-Recipharm says wins regulatory approval to buy Indian business

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Dec 30 (Reuters) - Recipharm AB (Publ)

* Regulatory approval received for acquisition of Kemwell's Indian Operations

* On 18th April 2016 Recipharm said it would acquire the pharma division of Kemwell's Indian operation

* Says the Indian Foreign Investment Promotion Board has now granted approval for this transaction

* Says closing is expected to occur at the beginning of 2017 Source text for Eikon: Further company coverage: (Stockholm Newsroom)

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