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Aspen in R1,1bn joint venture for Latin America �
Business Day 21 Nov 2007
Aspen has also moved to consolidate its operations, selling Strides a 51% stake of its UK business, Co-pharma, and an 80% slice of its South African vitamin and supplements business, Formula Naturelle ... Commodity generics are sold unbranded. The Co-pharma deal is worth £2,6m, while the Formula Naturelle agreement carries a R35m price tag ... .
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Aspen buys its way into South America
Business Report 21 Nov 2007
By SLINDILE KHANYILE ... Aspen will pay $152.5 million (R1 billion) for the business which operates mainly in Brazil, Mexico and Venezuela ... Saad said ... Strides has bought 51 percent of the Aspen UK unit Co-pharma for 230 million rupees (R39.3 million) and 80 percent in its Formula Naturelle division for 197 million rupees ... The sector lost 0.99 percent. .
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Aspen makes strides with Indian partners
Business Report 20 Nov 2007
Strides' acquisition of a 51 percent stake in Aspen's UK subsidiary Co-pharma Limited; and. Strides' acquisition of 80 percent of the equity in Formula Naturelle which will, in turn, own a basket of nutraceutical products currently marketed by Aspen Pharmacare in South Africa.
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