September 6, 2018 / 2:44 AM / 20 days ago

BRIEF-Aurobindo Pharma Unit To Buy Commercial Ops And 3 Manufacturing Facilities From Sandoz

Sept 6 (Reuters) - Aurobindo Pharma Ltd:

* UNIT AUROBINDO PHARMA USA ENTERED DEAL TO BUY COMMERCIAL OPERATIONS AND THREE MANUFACTURING FACILITIES IN USA FROM SANDOZ ., USA

* DEAL FOR $0.9 BILLION IN CASH ON DEBT FREE AND CASH FREE BASIS INCLUDING POTENTIAL UPSIDE IN NEAR TERM EARN-OUT

* DEAL WILL BE AN ALL CASH TRANSACTION WHICH AUROBINDO WILL FINANCE THROUGH A FULLY COMMITTED DEBT FACILITY Source text - bit.ly/2MRmXqA Further company coverage:

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