The largest pharmaceutical company in the world - the U.S. Pfizer Inc. - Documents filed with the Commission on Securities and Exchange Commission (SEC) to conduct an initial public offering of its units, producing veterinary drugs for animals, the company said.
Underwriters of the sale of 20 per cent stake in the company, which will be called Zoetis Inc., Made by JPMorgan Chase & Co., Bank of America Corp. and Morgan Stanley.
The deal is scheduled for the first half of next year.
Revenues for the division last year was $ 4.23 billion
Pfizer intends to focus its activities on the key to its pharma business, within the framework of this strategy in April, the company sold the Swiss Nestle SA for $ 11.9 billion his unit for the production of food for children.
Underwriters of the sale of 20 per cent stake in the company, which will be called Zoetis Inc., Made by JPMorgan Chase & Co., Bank of America Corp. and Morgan Stanley.
The deal is scheduled for the first half of next year.
Revenues for the division last year was $ 4.23 billion
Pfizer intends to focus its activities on the key to its pharma business, within the framework of this strategy in April, the company sold the Swiss Nestle SA for $ 11.9 billion his unit for the production of food for children.
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