June 24, 2020 / 3:44 PM / 12 days ago

BRIEF-Swedencare AB Acquires Operations Of Stratford Pharmaceuticals

June 24 (Reuters) - Swedencare AB (publ):

* SWEDENCARE AB (PUBL) ACQUIRES THE OPERATIONS OF LEADING AMERICAN COMPANY IN ANIMAL HEALTH CARE PRODUCTS

* SWEDENCARE AB (PUBL) - ACQUIRES BUSINESS CONDUCTED BY AMERICAN ANIMAL HEALTH COMPANY STRATFORD PHARMACEUTICALS

* SWEDENCARE AB (PUBL) - PURCHASE PRICE AMOUNTS TO APPROXIMATELY SEK 159,3 MILLION

* SWEDENCARE AB (PUBL) - PURCHASE PRICE PAID THROUGH A CASH PAYMENT WHICH IS FINANCED BY OWN FUNDS AND RAISING OF AN ACQUISITION DEBT OF 50 MILLION SEK

* SWEDENCARE AB (PUBL) - SYNERGIES IN SALES AND MARKETING AS WELL AS LOGISTICS WITH SISTER COMPANY SWEDENCAREUSA INC. ARE EXPECTED TO BE ACHIEVED Source text for Eikon: Further company coverage:

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