Indonesia's Kimia Farma acquires majority stake in Saudi's Dawaa Medical for $10m

Indonesia's Kimia Farma acquires majority stake in Saudi's Dawaa Medical for $10m

Kimia Farma signs shareholder agreement with Dawaa Medical Limited

Indonesian state-owned pharmaceutical company Kimia Farma has announced today that it has acquired 60% stake in Saudi Arabia’s Dawaa Medical Limited Company for $10.1 million in a share subscription investment scheme.

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