AmerisourceBergen Corporation (ABC) Completes Acquisition Of Minority Interest In Profarma Distribuidora de Produtos Farmacêuticos S.A.
6/27/2014 10:02:19 AM
VALLEY FORGE, Pa.--(BUSINESS WIRE)--AmerisourceBergen Corporation (NYSE: ABC) today announced that it has completed the acquisition of a minority stake in Profarma Distribuidora de Produtos Farmacêuticos S.A. (Profarma), a leading pharmaceutical wholesaler in Brazil. In addition, AmerisourceBergen and Profarma have launched a joint venture to provide enhanced specialty distribution and services to the Brazilian marketplace. The Company has invested a total of approximately $110 million in an approximately 19.9% minority stake in Profarma, and a 50% stake in the specialty joint venture. 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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