Taro Pharmaceutical Industries, part of Sun Pharmaceutical Industries (SUNPHARMA, BOM:524715) has entered into an agreement to acquire Alchemee, formerly known as The Proactiv Company (TPC) for $90 million.
Under the terms of the deal, Taro will acquire skincare products company Alchemee’s entire business and assets all over the world, including the Proactiv brand, according to a Tuesday night filing.
The transaction is expected to be completed by Feb 28.
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source: 08:57Feb 23, 2022MT Newswires