Nordic Business Report-April 27, 2006-Orexo AB subsidiary acquires majority stake in Kibion AB
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The Swedish pharmaceutical company Orexo AB said on Thursday (27 April) that its subsidiary Kibion AB has acquired the majority of the shares in Noster System AB.
Kibion AB has also offered to purchase the remaining shares in Noster System.
Noster System had a turnover of SEK11.4m in 2005.
The purchase sum for all shares in Noster System amounts to SEK10.5m.
One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).
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