BRIEF-Veru Announces The Sale Of The FC2 Female Condom Business
ReutersDec 31, 2024 1:34 PM
Dec 31 (Reuters) - Veru Inc VERU.O:
VERU ANNOUNCES THE SALE OF THE FC2 FEMALE CONDOM® (INTERNAL CONDOM) BUSINESS
VERU INC - SELLS FC2 FEMALE CONDOM BUSINESS FOR $18 MILLION
VERU INC - TO REDUCE HEADCOUNT BY APPROXIMATELY 90% AFTER FC2 SALE
VERU INC - EXPECTS $12.5 MILLION PROCEEDS AFTER DEDUCTIONS FROM FC2 SALE
Source text: ID:nGNX9h4k80
Further company coverage: VERU.O
((Reuters.Briefs@thomsonreuters.com;))
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