Companies / Argentina
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Argentine Drugmakers Pounce On MNC Assets
June 2006 | Company Finance AlertSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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Argentine drugmaker Richmond has become the latest homegrown firm to acquire a manufacturing facility from a multinational, purchasing a plant operated by Germany's Altana AG for a reported US$3.5mn. The deal illustrates local companies' ongoing absorption of significant assets formerly held by multinational manufacturers in the country.