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Share Name Share Symbol Market Type Share ISIN Share Description
Indivior Plc LSE:INDV London Ordinary Share GB00BRS65X63 ORD USD0.10
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.20 -0.15% 133.60 133.60 134.00 134.70 131.50 131.50 126,966 10:15:26
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Pharmaceuticals & Biotechnology 473.2 -126.5 -14.6 - 981

Indivior to Pay $50 Million to Reckitt Benckiser Following Settlement

25/01/2021 6:13pm

Dow Jones News


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By Adriano Marchese

 

Indivior PLC said Monday that it has agreed to pay Reckitt Benckiser Group PLC $50 million over the next five years after reaching a settlement over their 2014 demerger agreement.

The U.K. pharmaceutical company said the two companies settled the claims which Reckitt Benckiser issued in the Commercial Court in London in mid November, seeking indemnity under the demerger agreement between them in 2014.

Reckitt Benckiser has agreed to withdraw the $1.4 billion claim and released Indivior from any claim for indemnity.

 

Write to Adriano Marchese at adriano.marchese@wsj.com

 

(END) Dow Jones Newswires

January 25, 2021 12:58 ET (17:58 GMT)

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

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