Corporate DisclosureBXPHARMA

BXPHARMA Corporate Disclosure — 24 January 2021

Published
Last verified by BullBD

Announcement summary

What happened
BXPHARMA published a corporate disclosure on 24 January 2021. Read the full announcement for details.
Company
Beximco Pharmaceuticals PLC.
Announcement published

Original announcement

The Company has informed that Board of Directors of the company in their meeting held on January 21, 2021 at 2.30 PM decided to enter into a binding commitment with Sanofi Group regarding the acquisition of a majority stake in Sanofi Bangladesh Limited for a base-price consideration of circa Pound 35.5 million, to be adjusted as set out below (the Proposed Transaction). The Proposed Transaction is subject to approval by the Bangladesh Bank and completing the Share Purchase Agreement. (Cont.1)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b00004005492e
Original publication
Last verified by BullBD
Translation
BullBD
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