Ebos shareholders approve $1.1 billion purchase of Symbion

Fri, 14 Jun 2013

By Tina Morrison June 14 (BusinessDesk) – Ebos Group shareholders approved the company’s $1.1 billion purchase of the Symbion pharmaceutical wholesaler and distributer in Australia. All six resolutions were passed at the meeting in Christchurch, paving the way for Ebos to triple annual sales to more than $6 billion as it looks to become Australasia’s biggest pharmaceutical wholesaler and distributor. “The increased scale and complementary nature of both businesses is expected to open up additional revenue opportunities and operational effic...

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