Healthcare: Zentiva to sell Romanian generic drug plant

Zentiva Romania [BSE:SCD] said on Monday its majority shareholder Sanofi has decided to sell its Romanian generic drug plant as part of a major divesting plan of its EU generic drugs business, seenews.com reports. "As announced in our 2020 strategic roadmap, Sanofi has carefully reviewed all options and has decided to initiate a carve-out process in order to divest its Generic business in Europe. Sanofi will be looking for a potential acquirer that ...

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