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News Breaks
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February 1, 2012
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| 08:37 EDT |  | VRX |
| theflyonthewall.com: | Valeant Pharmaceuticals acquires Probiotica in Brazil | | Valeant Pharmaceuticals announced that Valeant has acquired Probiotica Laboratorios Ltda., a leader in sports nutrition and food supplements in Brazil. Probiotica currently markets a full line of over-the-counter sports nutrition products and other food supplements, with a 30% share of the market. Valeant will acquire Probiotica for R$150M. Net revenue in 2011 was approximately R$80M and double digit growth is expected in 2012. The transaction is expected to be immediately accretive. :theflyonthewall.com |
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May 24, 2012
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| 07:59 EDT | | VRX |
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