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BRIEF-Sobi confirms divestment discussions, shares halted
February 3, 2017 / 1:32 PM / 8 months ago

BRIEF-Sobi confirms divestment discussions, shares halted

Feb 3 (Reuters) - Swedish Orphan Biovitrum

* Says confirms that company is in discussions with a private equity firm regarding a possible sale of its partner products business area excluding Kineret and Orfadin.

* Says discussions may or may not lead to an agreement

* “We have noted specific information in the market regarding a possible sale of Sobi Partner Products. We confirm that we are in discussions which may or may not lead to an agreement”, said Geoffrey McDonough, CEO and President

* Trade in the Sobi share was suspended at 13:16 GMT Source text for Eikon: Further company coverage: (Stockholm Newsroom)

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