Elan continues assets disposal

Elan today continued its disposals spree with the sale of its European sales and marketing business.

Wed, 24 Dec, 2003 - 17:21

Elan today continued its disposals spree with the sale of its European sales and marketing business.

Elan stands to make around $120m (€96m) from the sale to Medeus UK, a new pharmaceutical company backed by private equity firm Apax Partners.

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CourtsBusinessHeathrowPlace: UKPlace: GermanyPlace: FrancePlace: SpainPlace: ItalyPlace: IrelandPlace: Athlone, IrelandPlace: HertfordshirePlace: DublinPlace: LondonPlace: New YorkPerson: Chief ExecutivePerson: Kelly MartinOrganisation: ElanOrganisation: Medeus UKOrganisation: Apax Partners
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