Alterna, Moberg Derma deal

Moberg acquired its U.S. distributor Alterna for about SEK133 million ($20 million) in a cash and stock deal. Moberg issued Alterna SEK33 million ($4.9 million), or 825,625 shares, in Moberg stock and paid about SEK100 million ($15 million) in cash. Alterna is also eligible for up to SEK33 million ($4.9 million) in sales milestones for the period Jan. 1, 2012-June 30, 2014. Alterna, which was founded in 2004, acquires, develops and commercializes non-prescription and self-care products in North America. Moberg said Alterna had sales of about $10.3 million for the first nine months of 2012. Moberg had nine month revenues of SEK82.3 million ($12.5 million). ...