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HIK Hikma Pharmaceuticals Plc

1,829.00
10.00 (0.55%)
Last Updated: 13:17:24
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Hikma Pharmaceuticals Plc LSE:HIK London Ordinary Share GB00B0LCW083 ORD SHS 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  10.00 0.55% 1,829.00 1,828.00 1,830.00 1,838.00 1,815.00 1,818.00 79,029 13:17:24
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Pharmaceutical Preparations 2.88B 192M 0.8685 21.02 4.04B

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

26/01/2021 8:45am

Dow Jones News


Hikma Pharmaceuticals (LSE:HIK)
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From Apr 2019 to Apr 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.

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