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BRIEF-Endo divests Grupo Farmacéutico SOMAR in $124 mln deal

Published 2017-07-05, 07:41 a/m
© Reuters.  BRIEF-Endo divests Grupo Farmacéutico SOMAR in $124 mln deal
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July 5 (Reuters) - Endo International Plc ENDP.O

* Endo announces divestiture of grupo farmacéutico somar

* Endo announces divestiture of grupo farmacéutico somar

* Endo international plc - deal for approximately $124 million

* Says to sell mexico city based grupo farmacéutico somar to advent international for approximately $124 million

* Endo international plc - deal for approximately $124 million

* Endo international plc - endo intends to classify somar assets and liabilities as held-for-sale in second-quarter 2017

* Endo international plc - expects to record estimated pre-tax impairment charge of approximately $100 million

* Endo international- will finalize analysis and record any required impairment charges in connection with second-quarter 2017 financial reporting close

* Endo international - will finalize analysis,record required impairment charges in connection with its second-quarter 2017 financial reporting close Source text for Eikon: ID:nCNWd64vda Further company coverage: ENDP.O

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