VISTIN PHARMA ASA
* REG-VISTIN PHARMA ASA : VISTIN PHARMA ANNOUNCES THE SALE OF ITS OPIOIDS AND CMO BUSINESS
* TRANSACTION WILL HAVE A POSITIVE NET CASH EFFECT OF NOK 140 - 150 MILLION, BEFORE ANY TRANSACTION COSTS
* ENTERED A SALES AND PURCHASE AGREEMENT WITH TPI ENTERPRISES LIMITED ("TPE") FOR SALE OF ITS OPIOIDS AND TABLET MANUFACTURING BUSINESS (CMO)
* TPE WILL PAY A CASH CONSIDERATION OF NOK 100 MILLION, AS WELL AS VALUE OF INVENTORY TRANSFERRED AT DATE OF CLOSING
* TRANSACTION IS EXPECTED TO BE CLOSED EARLY IN Q4 OF 2017. Source text for Eikon: Further company coverage: (Gdynia Newsroom)
