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PLIVA divests remaining foodstuffs business

PLIVA d.d. ("PLIVA") announced today the sale of CEDEVITA d.o.o. ("CEDEVITA") and VIVERA d.o.o. ("VIVERA") in two separate transactions for a total cash consideration of EUR 24.2m. This completes the planned divestiture of PLIVA's foodstuffs business, in line with its strategy to reallocate its resources and focus on its core pharmaceuticals business.

Zagreb, 2 July 2001


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