Alpharma Inc., a leading global specialty pharmaceutical company, announced today that it has entered into a definitive agreement to sell its Active Pharmaceutical Ingredients ("API") Business to certain investment funds managed by 3i, a global private equity and venture capital company, for $395 million in Cash. The final purchase price is subject to adjustment based on the closing net Cash ... Alpharma Announces the Sale of Its Active Pharmaceutical Ingredients Business to 3i for $395 Million in Cash (Marketwire via Yahoo! Finance)
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Specialty pharmaceutical company Alpharma Inc said on Wednesday it planned to sell its active pharmaceutical ingredients Business, which deals with fermentation-based products, to private equity firm 3i Group Plc for $395 million (201.8 million pounds) in Cash. Alpharma says to sell active pharma Business to 3i (Reuters via Yahoo! UK %26 Ireland News)
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