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Degusssa AG sells off Viatris unit in LBO

Executive Summary

In its strategy to get out of all businesses except specialty chemicals, Degusssa AG has sold its Viatris unit in a leveraged buyout. Viatris was part of the pharmaceutical company Asta Medica GMBH, which Degussa has been divesting piece by piece.
Deal Industry
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Acquisition
    • Buy-out
    • Full Acquisition

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