Merger creates pharmaceutical R bi $1.2

Chemical pharmaceutical (FQM), controlled by argentina Roemmers, Divcom, and Recife, teamed up to create a new company, with estimated revenue in R $1.2 billion, found the State. In the transaction, which includes an exchange of shares, with 80% of the Chemical will be new company and 20% with the remaining Divcom.
The Union of the two companies as a strategy to strengthen the position of the Chemical in skin care, a division of business that has grown up double digits in recent years. The operation also predicts that Divcom should receive for the sale of $400,000,000 R brands of medicines, which are tuned to the lower middle class.