HomeCategoryNewsBelgium: Karo Pharma acquires Sylphar Int for €290m and intends rights issue...

Belgium: Karo Pharma acquires Sylphar Int for €290m and intends rights issue of €200m-€250m

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Sweden-based Karo Pharma, which owns and commercialises branded, original over-the-counter products and prescription medicines, has acquired Belgium-based Sylphar International for €290m (US$327m) on a cash and debt-free basis. There is…

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Nick Herbert
Nick Herbert
Nick Herbert has over 30 years’ experience in the financial markets, as both a practitioner and journalist. He started work as an investment banker in London, before joining International Financing Review (IFR) to report on debt capital markets and derivatives. He moved to Singapore in 2000 to manage IFR’s financial markets editorial team throughout Asia, before returning to London in 2009 to take up the position of Publisher for Reuters Capital Markets Publications. For the last five years he has been covering global capital markets, ESG finance and healthcare markets on a freelance basis.
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