Blackmores (ASX:BKL) complete the divestment of Global Therapeautics

02DecDecember 2, 2020

Blackmores (ASX:BKL) complete the divestment of Global Therapeautics

Blackmores (ASX:BKL) have completed the divestment of Global Therapeautics to McPherson’s.

A Business Sale Agreement was announced on the 27th October.

Blackmores Chief Executive Officer Alastair Symington said, “We expect Global Therapeutics will flourish as a key business within McPherson’s Health Division.

Shares in Blackmores (ASX:BKL) closed 1.01 per cent lower at $79.19 yesterday.

Copyright 2020 – Finance News Network

Source: Finance News Network

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