Rising Pharmaceutical Plans to Acquire PACK Pharmaceuticals

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02 Apr 2014 12:40 Helen Clark

CHEMMONITOR.COM – Rising Pharmaceutical (the US), owned by ACETO Corporation (the US), inked an agreement for acquiring PACK Pharmaceuticals (the US) for USD 100 million. The cost of the acquisition includes USD 5 million in ACETO stock and USD 80 million in cash. The agreement also includes a USD 15 million earn-out for three years.

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