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HKMPY Hikma Pharmaceuticals plc (PK)

50.39
0.00 (0.00%)
31 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Hikma Pharmaceuticals plc (PK) USOTC:HKMPY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 50.39 47.77 52.84 64 21:00:16

Hikma Pharmaceuticals Says It Is in Talks With GlaxoSmithKline to Buy Some Businesses

26/01/2021 8:45am

Dow Jones News


Hikma Pharmaceuticals (PK) (USOTC:HKMPY)
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From Jun 2019 to Jun 2024

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   By Ian Walker 
 

Hikma Pharmaceuticals PLC said Tuesday that it has entered into a preliminary agreement with GlaxoSmithKline PLC's Egyptian subsidiary to buy certain businesses, and expects to start due diligence in order to proceed with talks.

The pharmaceutical group said talks relate to the potential acquisition of Glaxo's pharmaceutical and consumer commercialization and manufacturing business in Egypt, and pharmaceutical business in Tunisia.

Hikma said that any deal is subject to a number of conditions, and that there is no certainty any deal will be struck.

Hikma shares at 0810 GMT were up 1.0 pence, or 0.04%, at 2,495.0 pence.

 

Write to Ian Walker at ian.walker@wsj.com

 

(END) Dow Jones Newswires

January 26, 2021 03:30 ET (08:30 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

1 Year Hikma Pharmaceuticals (PK) Chart

1 Year Hikma Pharmaceuticals (PK) Chart

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1 Month Hikma Pharmaceuticals (PK) Chart