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Slide #61. AmerisourceBergen — Minority Interest in Profarma Distribuidora de Produtos Farmacuticos S.A.
Minority Interest in Profarma Distribuidora de Produtos Farmacuticos S.A.
AmerisourceBergen Corporation (NYSE:ABC) today announced that it has reached a definitive agreement to acquire a minority stake in Profarma Distribuidora de Produtos Farmacuticos S.A. (Profarma), a leading pharmaceutical wholesaler in Brazil. In addition, AmerisourceBergen and Profarma will establish a joint venture for specialty distribution and services. The Company expects to invest a total of approximately $100 million, and the transaction is expected to close in the June quarter of 2014. AmerisourceBergen does not expect the transaction to have a meaningful impact to its adjusted earnings per share from continuing operations for fiscal 2014.
AmerisourceBergen is a pharmaceutical sourcing and distribution services company. Co.'s operations are comprised of the Pharmaceutical Distribution Services, which provides drug distribution, strategic global sourcing, and related services designed to reduce healthcare costs and improve patient outcomes, and provides data analytics, outcomes research, and additional services for biotechnology and pharmaceutical manufacturers; and Other, which provides manufacturer services that range from clinical trial support to product post-approval and commercialization support, and sells pharmaceuticals, vaccines, parasiticides, diagnostics, micro feed ingredients, and other products to customers.
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