‎SPIMACO says deal to buy 68% of Osmopharm, exit SPIMACO Misr scrapped

Logo ofSaudi Pharmaceutical Industries Medical Appliances CorporationSPIMACO

Saudi Pharmaceutical Industries Medical Appliances Corporation (SPIMACO) announced an update on the Sale and Purchase Agreements disclosed on November 14, 2023, with the shareholders of Swiss pharmaceutical company Osmopharm S.A. (Osmopharm), involving the acquisition of a 68.0% stake in Osmopharm and divesting a 76.4% stake in SPIMACO Misr for Pharmaceutical Industries S.A.E…
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