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Finance / Belgium

Omega Pharma Plans Acquisitions To Strengthen Position

February 2011 | Corporate Financing Analysis

News: Belgium-based Omega Pharma intends to make acquisitions in order to strengthen its position in its field, said CEO Marc Coucke during an interview with Dutch-language newspaper De Tijd, reports Reuters. He added that the company will target household brands and may carry out acquisitions worth EUR200mn (US$274.1mn). The company announced several British and French brand purchases totalling EUR14mn (US$19.19mn) in early January 2011.

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