Pharma Business - January 23, 2015
Recipharm Issues Bonds
Sweden’s Recipharm AB issued convertible bonds with a nominal value of EUR 50 million as part of the financing of the acquisition of the Corvette Pharmaceutical Services Group completed Oct. 1, 2014. The bonds can be converted into up to 5,030,549 class B-shares. The holders of the convertible bonds have agreed to a lock-up in […]
Acquisition - August 19, 2014
Recipharm acquires Corvette Pharmaceutical Services Group
The Swedish contract development and manufacturing organisation Recipharm has signed an agreement to acquire Milan based Corvette Pharmaceutical Services Group for SEK 1.1 billion. The sellers of Corvette Group are LBO Italia Investimenti Srl (“LBO Italia”), as controlling shareholder, and some private investors, holding minority interests. Corvette Pharmaceutical Services Group (consisting of Corvette Group SpA and […]