Maks_Lab
- Hypera S.A. (OTCPK:HYPMY) has received takeover interest from fellow Brazilian pharmaceutical company EMS.
- Brazil Journal, which broke the news, reported that EMS is offering R$30 per share, a ~17% premium to the prior day’s closing price.
- The news outlet noted that the Sanchez family, the 100% holder of EMS’s capital, would become the controlling shareholder of the new company. The deal calls for EMS to be incorporated into Hypera.
- A source told Brazil Journal that a transaction “has many commercial, research and development, cost structure, manufacturing structure and distribution synergies.”
