Johnson Matthey Closes GBP 325m Sale of Health Business.
MANews-(C)2009-2022
UK-based specialty chemicals company Johnson Matthey plc has completed the sale of its Health business in accordance with the terms of the sale agreement entered into between JM and healthcare investment firm Altaris Capital Partners, the company said.
The Health business, which has been rebranded as Veranova, was sold for a total consideration of GBP 325m (USD 378.62m).
As part of the transaction, JM will retain approximately a 30% equity...
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