Radar > 236193

Laboratorios Richmond announces interest in shares of Expofarma

Laboratorios Richmond manifiesta interés en adquirir acciones de Expofarma

Intel ID : 236193
Synopsis

Laboratorios Richmond (BCBA:LRC1O), a pharmaceutical company based in Argentina, announced its interest in acquiring a stake in Colombia-based Expofarma, as reported by the company through a relevant fact submitted to Securities Commission CNV of Buenos Aires on 2 May 2016.

Specifically, Richmond announced the company's board approved the beginning of commercial negotiations to acquire a stake in Expofarma, which is based in Colombia and is engaged in manufacture, commercialization and distribution of pharmaceutical products and medicine, both at a local and regional level.
(content in spanish)

Laboratorios Richmond (BCBA:LRC1O), firma farmacéutica con sede en Argentina, ha manifestado interés en adquirir una participación accionaria de su par colombiana Expofarma, según ha informado Richmond en un hecho relevante remitido a la Comisión Nacional de Valores de Buenos Aires el 2 de mayo de 2016.

En concreto, Richmond ha puesto en conocimiento que el directorio de la sociedad ha aprobado iniciar negociaciones comerciales a fin de adquirir una participación accionaria en la empresa Expofarma, la cual ha sido constituida en Colombia y cuenta con experiencias en la elaboración, comercialización y distribución de productos farmacéuticos y farmacológicos, tanto a nivel local como regional.

Relevant Documents

Bidder

Target

Colombia

Intel ID 236193
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - Expofarma
(31 Dec 2016)
Revenue: EUR 0,24m
Net Debt: EUR 0,01m
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
potential
Subsector (Old TTR Sectors)
Industry / Pharmaceutical, Parapharmaceutical and Cosmetics (Primary)
Primary Sector (TTRSC)
30.01.03 Pharmaceutical R&D, Manufacturing & Distribution
30 Healthcare / 30.01 Biotechnology & Pharmaceuticals

Country
Website
Description

Target

Name
verified
Subsector (Old TTR Sectors)
Industry / Pharmaceutical, Parapharmaceutical and Cosmetics (Primary)
Primary Sector (TTRSC)
30.01.03 Pharmaceutical R&D, Manufacturing & Distribution
30 Healthcare / 30.01 Biotechnology & Pharmaceuticals

Country
Website
Description

Mergers & Acquisitions

Date Target Country Buyer Seller VALUE (EURm) Subsector    

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.