Corporate | 25 January 2005 11:17
STADA: Nizhpharm acquisition successfully concluded
Corporate-news announcement sent by DGAP.
The sender is solely responsible for the contents of this announcement.
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STADA: Nizhpharm acquisition successfully concluded
STADA Arzneimittel AG has successfully acquired 97.47 % of the shares of the
Russian pharmaceutical company Nizhpharm OJSC, Nizhny Novgorod, after the
Russian anti-trust authorities approved the transaction and all contractual
agreements had been implemented (see ad hoc release dated November 8, 2004
concerning the conclusion of the provisional agreement, published by DGAP, as
well as ad hoc release dated December 22, 2004 concerning the conclusion of
final agreements, published by DGAP).
Nizhpharm will be included in the scope of consolidation of the STADA Group as
of January 1, 2005.
Further information:
STADA Arzneimittel AG / Corporate Communications / Stadastrasse 2-18 /
D-61118 Bad Vilbel / Germany, phone: +49(0) 6101 603-113 /
fax: +49(0) 6101 603-506 / email: communications@stada.de,
internet: http://www.stada.com
end of message, (c)DGAP 25.01.2005
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WKN: 725180; ISIN: DE0007251803; Index: MDAX
Listed: Amtlicher Markt in Düsseldorf und Frankfurt
251117 Jän 05