Pharmaceutical firm Kalbe Farma (KLBF) purchased a 20% stake in Aventis Pharma from PT Usaha Minidin Raya, making it to fully control Aventis Pharma. Kalbe, the largest pharmaceutical company listed on IDX with market capitalization of Rp93.8 trillion, signed a share purchase agreement (SPA) for acquiring 20% shares in Aventis on Monday (October 24).To subscribe please click here
