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Announced

Hikma to acquire pharmaceutical and consumer businesses in Egypt and pharmaceutical business in Tunisia from GlaxoSmithKline.

Synopsis

Hikma, a pharmaceutical company, agreed to acquire pharmaceutical and consumer businesses in Egypt and pharmaceutical business in Tunisia from GlaxoSmithKline, a global healthcare company. Financial terms were not disclosed. The Proposed Transaction is subject to a number of conditions, including the finalisation of definitive and legally binding documents and the completion of due diligence by Hikma.

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