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Slide #61. AmerisourceBergen — Minority Interest in Profarma Distribuidora de Produtos Farmacuticos S.A.
Acquirer:
AmerisourceBergen (ABC)
Acquiree:
Minority Interest in Profarma Distribuidora de Produtos Farmacuticos S.A.
Details:
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. is organized based upon the products and services it provides to its customers. Co.'s segment are: U.S. Healthcare Solutions, which distributes a provision of brand-name, specialty brand-name and generic pharmaceuticals, over-the-counter healthcare products, home healthcare supplies and equipment, and related services to a variety of healthcare providers; and International Healthcare Solutions, which distributes pharmaceuticals, other healthcare products, and related services to healthcare providers as well as engages in specialty transportation and logistics provider for the biopharmaceutical industry.
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