Neuca changes its mind on Intra acquisition

The management board of WSE-listed pharmaceutical distributor Neuca decided against signing the final agreement to purchase pharmaceutical wholesaler Intra. Neuca signed a preliminary agreement to buy a 100 percent stake in Intra back in April this year. The deal was to be finalised before the end of the year. In August, Poland’s anti-monopoly watchdog UOKiK expressed concerns that in some sectors the transaction would significantly curb competition.