AmerisourceBergen Corporation (ABC) Acquires Minority Interest In Profarma Distribuidora de Produtos Farmacêuticos S.A.
3/24/2014 9:47:48 AM
VALLEY FORGE, Pa.--(BUSINESS WIRE)--AmerisourceBergen Corporation (NYSE:ABC) today announced that it has reached a definitive agreement to acquire a minority stake in Profarma Distribuidora de Produtos Farmacêuticos S.A. (Profarma), a leading pharmaceutical wholesaler in Brazil. In addition, AmerisourceBergen and Profarma will establish a joint venture for specialty distribution and services. The Company expects to invest a total of approximately $100 million, and the transaction is expected to close in the June quarter of 2014. AmerisourceBergen does not expect the transaction to have a meaningful impact to its adjusted earnings per share from continuing operations for fiscal 2014.
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