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Biovitrum closes Swedish Orphan acquisition

 
• By Simon Varcoe

Biovitrum has completed its acquisition of the speciality company Swedish Orphan by paying around SEK1.9 billion ($271 million) in cash and up to 58.3 million shares in Biovitrum.

Biovitrum has completed its acquisition of the speciality company Swedish Orphan by paying around SEK1.9 billion ($271 million) in cash and up to 58.3 million shares in Biovitrum.

Biovitrum's board, which met at an extraordinary shareholder meeting on December 4th, agreed to issue no more than 58million new shares, limiting the company's share capital increase to SEK32 million....

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