January 2, 2018 / 7:41 AM / 5 months ago

BRIEF-Recipharm Buys Remaining Shares In Nitin Lifesciences

Jan 2 (Reuters) - Recipharm Ab (Publ):

* RECIPHARM ACQUIRES REMAINING SHARES IN NITIN LIFESCIENCES LTD

* RECIPHARM AB (PUBL) - CONSIDERATION IS INR 2,800 MILLION (SEK 351 MILLION1)

* RECIPHARM AB (PUBL) - REACHED AN AGREEMENT TO ACQUIRE REMAINING 26 PER CENT OF SHARES OF NITIN LIFESCIENCES LIMITED

* RECIPHARM AB (PUBL) - INR 600 MILLION (SEK 75 MILLION1) WILL BE PAID IN NEWLY ISSUED RECIPHARM SHARES (RECI-B) Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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